Mark D. Millett
2021
In 2021, Mark D. Millett earned a total compensation of $11M as Chairman, President and Chief Executive Officer at Steel Dynamics, which was about the same as previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $3,475,000 |
|---|---|
| Option Awards | $1,000,012 |
| Salary | $1,390,000 |
| Stock Awards | $4,993,421 |
| Other | $141,485 |
| Total | $10,999,918 |
Millett received $5M in stock awards, accounting for 45% of the total pay in 2021.
Millett also received $3.5M in non-equity incentive plan, $1M in option awards, $1.4M in salary and $141.5K in other compensation.
Rankings
In 2021, Mark D. Millett's compensation ranked 890th out of 12,415 executives tracked by ExecPay. In other words, Millett earned more than 92.8% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 890 out of 12,415 | 93rd |
Division Manufacturing | 293 out of 5,508 | 95th |
Major group Primary Metal Industries | 6 out of 105 | 94th |
Industry group Steel Works, Blast Furnaces, And Rolling And Finishing Mills | 3 out of 44 | 93rd |
Industry Steel Works, Blast Furnaces (Including Coke Ovens), and Rolling Mills | 3 out of 37 | 92nd |
Pay ratio
| Mark D. Millett's Pay | $10,999,918 |
|---|---|
| Median Employee's Pay | $126,721 |
| Pay Ratio | 87to 1 |
In 2021, the annual total compensation of Mark D. Millett was $10,999,918.
The annual total compensation of the median employee at Steel Dynamics was $126,721.
The ratio of Mark D. Millett's pay to the pay of median employee was therefore 87 to one.
Source: SEC filing on March 21, 2022.
Millett's colleagues
We found four more compensation records of executives who worked with Mark D. Millett at Steel Dynamics in 2021.