Marc R. Bitzer
2021
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $3,070,010 |
|---|---|
| Non-Equity Incentive Plan | $4,208,000 |
| Option Awards | $3,149,966 |
| Salary | $1,315,000 |
| Stock Awards | $6,801,705 |
| Other | $207,220 |
| Total | $18,751,901 |
Bitzer received $6.8M in stock awards, accounting for 36% of the total pay in 2021.
Bitzer also received $3.1M of change in pension value and nonqualified deferred compensation earnings, $4.2M in non-equity incentive plan, $3.1M in option awards, $1.3M in salary and $207.2K in other compensation.
Rankings
In 2021, Marc R. Bitzer's compensation ranked 369th out of 12,415 executives tracked by ExecPay. In other words, Bitzer earned more than 97.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 369 out of 12,415 | 97th |
Division Manufacturing | 112 out of 5,505 | 98th |
Major group Electronic And Other Electrical Equipment And Components, Except Computer Equipment | 23 out of 711 | 97th |
Industry group Household Appliances | 2 out of 20 | 90th |
Pay ratio
| Marc R. Bitzer's Pay | $18,751,901 |
|---|---|
| Median Employee's Pay | $27,128 |
| Pay Ratio | 691to 1 |
In 2021, the annual total compensation of Marc R. Bitzer was $18,751,901.
The annual total compensation of the median employee at Whirlpool was $27,128.
The ratio of Marc R. Bitzer's pay to the pay of median employee was therefore 691 to one.
Bitzer's colleagues
We found four more compensation records of executives who worked with Marc R. Bitzer at Whirlpool in 2021.