Sagar A. Patel
2020
In 2020, Sagar A. Patel earned a total compensation of $1.3M as President, Aerospace Aftermarket and Hydraulic Systems at Woodward, a 25% decrease compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $184,840 |
|---|---|
| Option Awards | $493,856 |
| Salary | $477,092 |
| Other | $122,611 |
| Total | $1,278,399 |
Patel received $493.9K in option awards, accounting for 39% of the total pay in 2020.
Patel also received $184.8K in non-equity incentive plan, $477.1K in salary and $122.6K in other compensation.
Rankings
In 2020, Sagar A. Patel's compensation ranked 7,556th out of 13,090 executives tracked by ExecPay. In other words, Patel earned more than 42.3% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 7,556 out of 13,090 | 42nd |
Division Manufacturing | 3,181 out of 5,624 | 43rd |
Major group Electronic And Other Electrical Equipment And Components, Except Computer Equipment | 393 out of 731 | 46th |
Industry group Electrical Industrial Apparatus | 26 out of 40 | 35th |
Pay ratio
| Sagar A. Patel's Pay | $1,278,399 |
|---|---|
| Median Employee's Pay | $63,859 |
| Pay Ratio | 20to 1 |
In 2020, the annual total compensation of Sagar A. Patel was $1,278,399.
The annual total compensation of the median employee at Woodward was $63,859.
The ratio of Sagar A. Patel's pay to the pay of median employee was therefore 20 to one.
Source: SEC filing on December 15, 2020.
Patel's colleagues
We found five more compensation records of executives who worked with Sagar A. Patel at Woodward in 2020.