Lee C. Banks
2020
In 2020, Lee C. Banks earned a total compensation of $10.3M as President and Chief Operating Officer at Parker-Hannifin, a 13% decrease compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $3,543,794 |
|---|---|
| Non-Equity Incentive Plan | $1,737,379 |
| Option Awards | $1,372,950 |
| Salary | $971,250 |
| Stock Awards | $2,455,433 |
| Other | $215,145 |
| Total | $10,295,951 |
Banks received $3.5M of change in pension value and nonqualified deferred compensation earnings, accounting for 34% of the total pay in 2020.
Banks also received $1.7M in non-equity incentive plan, $1.4M in option awards, $971.3K in salary, $2.5M in stock awards and $215.1K in other compensation.
Rankings
In 2020, Lee C. Banks' compensation ranked 798th out of 13,090 executives tracked by ExecPay. In other words, Banks earned more than 93.9% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 798 out of 13,090 | 94th |
Division Manufacturing | 282 out of 5,621 | 95th |
Major group Fabricated Metal Products, Except Machinery And Transportation Equipment | 6 out of 130 | 95th |
Industry group Miscellaneous Fabricated Metal Products | 2 out of 25 | 92nd |
Source: SEC filing on September 28, 2020.
Banks' colleagues
We found four more compensation records of executives who worked with Lee C. Banks at Parker-Hannifin in 2020.
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