Marc R. Bitzer

2018

In 2018, Marc R. Bitzer earned a total compensation of $11.8M as President and Chief Executive Officer at Whirlpool, a 75% increase compared to previous year.

Compensation breakdown

Change in Pension Value and Nonqualified Deferred Compensation Earnings$178,692
Non-Equity Incentive Plan$1,462,500
Option Awards$4,374,977
Salary$1,250,000
Stock Awards$4,374,836
Other$195,270
Total$11,836,275

Bitzer received $4.4M in option awards, accounting for 37% of the total pay in 2018.

Bitzer also received $178.7K of change in pension value and nonqualified deferred compensation earnings, $1.5M in non-equity incentive plan, $1.3M in salary, $4.4M in stock awards and $195.3K in other compensation.

Rankings

In 2018, Marc R. Bitzer's compensation ranked 517th out of 14,244 executives tracked by ExecPay. In other words, Bitzer earned more than 96.4% of executives.

ClassificationRankingPercentile
All
517
out of 14,244
96th
Division
Manufacturing
168
out of 5,765
97th
Major group
Electronic And Other Electrical Equipment And Components, Except Computer Equipment
23
out of 813
97th
Industry group
Household Appliances
1
out of 14
93rd

Pay ratio

Marc R. Bitzer's Pay$11,836,275
Median Employee's Pay$20,485
Pay Ratio

578

to 1

In 2018, the annual total compensation of Marc R. Bitzer was $11,836,275.

The annual total compensation of the median employee at Whirlpool was $20,485.

The ratio of Marc R. Bitzer's pay to the pay of median employee was therefore 578 to one.

Source: SEC filing on March 1, 2019.

Bitzer's colleagues

We found four more compensation records of executives who worked with Marc R. Bitzer at Whirlpool in 2018.

2018

Jeff Fettig

Whirlpool

Chairman

2018

James Peters

Whirlpool

Chief Financial Officer

2018

Joseph Liotine

Whirlpool

Executive Vice President and President, Whirlpool North America

2018

João Brega

Whirlpool

Executive Vice President and President, Whirlpool Latin America

News

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