John L. Garrison
2020
In 2020, John L. Garrison earned a total compensation of $7.4M as Chairman and Chief Executive Officer, President, Terex Aerial Work Platforms at Terex, a 11% decrease compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $683,963 |
|---|---|
| Salary | $650,625 |
| Stock Awards | $5,871,064 |
| Other | $233,698 |
| Total | $7,439,350 |
Garrison received $5.9M in stock awards, accounting for 79% of the total pay in 2020.
Garrison also received $684K in non-equity incentive plan, $650.6K in salary and $233.7K in other compensation.
Rankings
In 2020, John L. Garrison's compensation ranked 1,281st out of 13,090 executives tracked by ExecPay. In other words, Garrison earned more than 90.2% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,281 out of 13,090 | 90th |
Division Manufacturing | 454 out of 5,618 | 92nd |
Major group Industrial And Commercial Machinery And Computer Equipment | 37 out of 450 | 92nd |
Industry group Construction, Mining, And Materials Handling | 3 out of 64 | 95th |
Industry Industrial Trucks, Tractors, Trailers, and Stackers | 1 out of 6 | 83rd |
Pay ratio
| John L. Garrison's Pay | $7,439,350 |
|---|---|
| Median Employee's Pay | $44,213 |
| Pay Ratio | 168to 1 |
In 2020, the annual total compensation of John L. Garrison was $7,439,350.
The annual total compensation of the median employee at Terex was $44,213.
The ratio of John L. Garrison's pay to the pay of median employee was therefore 168 to one.
Source: SEC filing on March 26, 2021.
Garrison's colleagues
We found five more compensation records of executives who worked with John L. Garrison at Terex in 2020.