John L. Garrison
2021
In 2021, John L. Garrison earned a total compensation of $9.5M as Chairman and Chief Executive Officer at Terex, a 28% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $2,211,284 |
|---|---|
| Salary | $985,962 |
| Stock Awards | $6,005,749 |
| Other | $337,020 |
| Total | $9,540,015 |
Garrison received $6M in stock awards, accounting for 63% of the total pay in 2021.
Garrison also received $2.2M in non-equity incentive plan, $986K in salary and $337K in other compensation.
Rankings
In 2021, John L. Garrison's compensation ranked 1,117th out of 12,415 executives tracked by ExecPay. In other words, Garrison earned more than 91.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,117 out of 12,415 | 91st |
Division Manufacturing | 386 out of 5,501 | 93rd |
Major group Industrial And Commercial Machinery And Computer Equipment | 35 out of 363 | 90th |
Industry group Construction, Mining, And Materials Handling | 1 out of 35 | 97th |
Industry Industrial Trucks, Tractors, Trailers, and Stackers | 1 out of 5 | 80th |
Pay ratio
| John L. Garrison's Pay | $9,540,015 |
|---|---|
| Median Employee's Pay | $50,120 |
| Pay Ratio | 190to 1 |
In 2021, the annual total compensation of John L. Garrison was $9,540,015.
The annual total compensation of the median employee at Terex was $50,120.
The ratio of John L. Garrison's pay to the pay of median employee was therefore 190 to one.
Source: SEC filing on April 1, 2022.
Garrison's colleagues
We found four more compensation records of executives who worked with John L. Garrison at Terex in 2021.