Lawrence D. McRae
2021
In 2021, Lawrence D. McRae earned a total compensation of $5.8M as Vice Chairman and Corporate Development Officer at Corning, a 2% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $3,010,569 |
|---|---|
| Salary | $833,604 |
| Stock Awards | $1,897,383 |
| Other | $79,247 |
| Total | $5,820,803 |
McRae received $3M in non-equity incentive plan, accounting for 52% of the total pay in 2021.
McRae also received $833.6K in salary, $1.9M in stock awards and $79.2K in other compensation.
Rankings
In 2021, Lawrence D. McRae's compensation ranked 2,184th out of 12,415 executives tracked by ExecPay. In other words, McRae earned more than 82.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 2,184 out of 12,415 | 82nd |
Division Manufacturing | 849 out of 5,508 | 85th |
Major group Primary Metal Industries | 23 out of 105 | 78th |
Industry group Rolling, Drawing, And Extruding Of Nonferrous | 12 out of 38 | 68th |
Industry Drawing and Insulating of Nonferrous Wire | 6 out of 13 | 54th |
Pay ratio
| Lawrence D. McRae's Pay | $5,820,803 |
|---|---|
| Median Employee's Pay | $40,760 |
| Pay Ratio | 143to 1 |
In 2021, the annual total compensation of Lawrence D. McRae was $5,820,803.
The annual total compensation of the median employee at Corning was $40,760.
The ratio of Lawrence D. McRae's pay to the pay of median employee was therefore 143 to one.
Source: SEC filing on March 18, 2022.
McRae's colleagues
We found four more compensation records of executives who worked with Lawrence D. McRae at Corning in 2021.