Kip B. Ellis

2020

In 2020, Kip B. Ellis earned a total compensation of $3.5M as Chief Operating Officer and Executive Vice President of Operations at Patrick Industries, a 72% increase compared to previous year.

Compensation breakdown

Bonus$35,000
Non-Equity Incentive Plan$665,000
Option Awards$855,000
Salary$424,904
Stock Awards$1,528,800
Other$14,775
Total$3,523,479

Ellis received $1.5M in stock awards, accounting for 43% of the total pay in 2020.

Ellis also received $35K in bonus, $665K in non-equity incentive plan, $855K in option awards, $424.9K in salary and $14.8K in other compensation.

Rankings

In 2020, Kip B. Ellis' compensation ranked 3,285th out of 13,090 executives tracked by ExecPay. In other words, Ellis earned more than 74.9% of executives.

ClassificationRankingPercentile
All
3,285
out of 13,090
75th
Division
Manufacturing
1,277
out of 5,621
77th
Major group
Transportation Equipment
89
out of 327
73rd
Industry group
Motor Vehicles And Motor Vehicle Equipment
65
out of 210
69th
Industry
Motor Vehicle Parts and Accessories
35
out of 119
71st

Pay ratio

Kip B. Ellis' Pay$3,523,479
Median Employee's Pay$40,639
Pay Ratio

87

to 1

In 2020, the annual total compensation of Kip B. Ellis was $3,523,479.

The annual total compensation of the median employee at Patrick Industries was $40,639.

The ratio of Kip B. Ellis' pay to the pay of median employee was therefore 87 to one.

Source: SEC filing on April 9, 2021.

Ellis' colleagues

We found six more compensation records of executives who worked with Kip B. Ellis at Patrick Industries in 2020.

2020

Andy Nemeth

Patrick Industries

Chief Executive Officer

2020

Todd Cleveland

Patrick Industries

Chairman

2020

Jacob Petkovich

Patrick Industries

Chief Financial Officer

2020

Jeffrey Rodino

Patrick Industries

Chief Sales Officerand Executive Vice President of Sales

2020

John Forbes

Patrick Industries

Chief Financial Officer

2020

Joshua Boone

Patrick Industries

Chief Financial Officer

News

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