Marc R. Bitzer

2019

In 2019, Marc R. Bitzer earned a total compensation of $14M as President and Chief Executive Officer at Whirlpool, a 18% increase compared to previous year.

Compensation breakdown

Change in Pension Value and Nonqualified Deferred Compensation Earnings$1,171,410
Non-Equity Incentive Plan$2,302,500
Option Awards$2,717,768
Salary$1,279,167
Stock Awards$6,341,437
Other$187,212
Total$13,999,494

Bitzer received $6.3M in stock awards, accounting for 45% of the total pay in 2019.

Bitzer also received $1.2M of change in pension value and nonqualified deferred compensation earnings, $2.3M in non-equity incentive plan, $2.7M in option awards, $1.3M in salary and $187.2K in other compensation.

Rankings

In 2019, Marc R. Bitzer's compensation ranked 390th out of 13,971 executives tracked by ExecPay. In other words, Bitzer earned more than 97.2% of executives.

ClassificationRankingPercentile
All
390
out of 13,971
97th
Division
Manufacturing
140
out of 5,701
98th
Major group
Electronic And Other Electrical Equipment And Components, Except Computer Equipment
16
out of 728
98th
Industry group
Household Appliances
1
out of 16
94th

Pay ratio

Marc R. Bitzer's Pay$13,999,494
Median Employee's Pay$20,765
Pay Ratio

674

to 1

In 2019, the annual total compensation of Marc R. Bitzer was $13,999,494.

The annual total compensation of the median employee at Whirlpool was $20,765.

The ratio of Marc R. Bitzer's pay to the pay of median employee was therefore 674 to one.

Source: SEC filing on March 6, 2020.

Bitzer's colleagues

We found four more compensation records of executives who worked with Marc R. Bitzer at Whirlpool in 2019.

2019

João Brega

Whirlpool

Executive Vice President and President, Whirlpool Latin America

2019

Joseph Liotine

Whirlpool

Executive Vice President and President, Whirlpool North America

2019

James Peters

Whirlpool

Chief Financial Officer

2019

Gilles Morel

Whirlpool

Executive Vice President and President, EMEA

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