Philip I. Straub
2021
In 2021, Philip I. Straub earned a total compensation of $1.9M as Executive Vice President, Managing Director-Aviation at Garmin, which was about the same as previous year.
Compensation breakdown
| Bonus | $307 |
|---|---|
| Salary | $705,000 |
| Stock Awards | $1,134,214 |
| Other | $34,348 |
| Total | $1,873,869 |
Straub received $1.1M in stock awards, accounting for 61% of the total pay in 2021.
Straub also received $307 in bonus, $705K in salary and $34.3K in other compensation.
Rankings
In 2021, Philip I. Straub's compensation ranked 6,294th out of 12,415 executives tracked by ExecPay. In other words, Straub earned more than 49.3% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 6,294 out of 12,415 | 49th |
Division Manufacturing | 2,677 out of 5,508 | 51st |
Major group Measuring, Analyzing, And Controlling Instruments; Photographic, Medical And Optical Goods; Watches And Clocks | 339 out of 801 | 58th |
Industry group Search, Detection, Navigation, Guidance, Aeronautical, and Nautical Systems, Instruments, and Equipment | 11 out of 30 | 63rd |
Industry Search, Detection, Navigation, Guidance, Aeronautical, and Nautical Systems and Instruments | 11 out of 30 | 63rd |
Pay ratio
| Philip I. Straub's Pay | $1,873,869 |
|---|---|
| Median Employee's Pay | $93,566 |
| Pay Ratio | 20to 1 |
In 2021, the annual total compensation of Philip I. Straub was $1,873,869.
The annual total compensation of the median employee at Garmin was $93,566.
The ratio of Philip I. Straub's pay to the pay of median employee was therefore 20 to one.
Source: SEC filing on April 25, 2022.
Straub's colleagues
We found five more compensation records of executives who worked with Philip I. Straub at Garmin in 2021.