Lee C. Banks
2016
In 2016, Lee C. Banks earned a total compensation of $7M as President and Chief Operating Officer at Parker-Hannifin, a 1% decrease compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $2,093,986 |
|---|---|
| Non-Equity Incentive Plan | $1,222,471 |
| Option Awards | $1,247,680 |
| Salary | $850,000 |
| Stock Awards | $1,532,957 |
| Other | $102,660 |
| Total | $7,049,754 |
Banks received $2.1M of change in pension value and nonqualified deferred compensation earnings, accounting for 30% of the total pay in 2016.
Banks also received $1.2M in non-equity incentive plan, $1.2M in option awards, $850K in salary, $1.5M in stock awards and $102.7K in other compensation.
Rankings
In 2016, Lee C. Banks' compensation ranked 926th out of 14,075 executives tracked by ExecPay. In other words, Banks earned more than 93.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 926 out of 14,075 | 93rd |
Division Manufacturing | 304 out of 5,489 | 95th |
Major group Fabricated Metal Products, Except Machinery And Transportation Equipment | 7 out of 148 | 95th |
Industry group Miscellaneous Fabricated Metal Products | 2 out of 36 | 94th |
Source: SEC filing on September 24, 2018.
Banks' colleagues
We found two more compensation records of executives who worked with Lee C. Banks at Parker-Hannifin in 2016.
News
Parker-Hannifin CEO Thomas Williams' 2022 pay rises 8% to $18M
September 23, 2022
Parker-Hannifin CEO Thomas Williams' 2020 pay rises 8% to $19M
September 28, 2020
Parker-Hannifin CEO Thomas Williams' 2019 pay slips 4% to $17M
September 23, 2019
Parker-Hannifin CEO Thomas Williams' 2018 pay rises 19% to $18M
September 24, 2018