Sagar A. Patel
2021
In 2021, Sagar A. Patel earned a total compensation of $1.7M as President, Engine Systems at Woodward, a 37% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $227,266 |
|---|---|
| Option Awards | $869,482 |
| Salary | $516,542 |
| Other | $136,119 |
| Total | $1,749,409 |
Patel received $869.5K in option awards, accounting for 50% of the total pay in 2021.
Patel also received $227.3K in non-equity incentive plan, $516.5K in salary and $136.1K in other compensation.
Rankings
In 2021, Sagar A. Patel's compensation ranked 6,585th out of 12,415 executives tracked by ExecPay. In other words, Patel earned more than 47.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 6,585 out of 12,415 | 47th |
Division Manufacturing | 2,842 out of 5,505 | 48th |
Major group Electronic And Other Electrical Equipment And Components, Except Computer Equipment | 361 out of 711 | 49th |
Industry group Electrical Industrial Apparatus | 25 out of 46 | 46th |
Pay ratio
| Sagar A. Patel's Pay | $1,749,409 |
|---|---|
| Median Employee's Pay | $60,674 |
| Pay Ratio | 29to 1 |
In 2021, the annual total compensation of Sagar A. Patel was $1,749,409.
The annual total compensation of the median employee at Woodward was $60,674.
The ratio of Sagar A. Patel's pay to the pay of median employee was therefore 29 to one.
Source: SEC filing on December 8, 2021.
Patel's colleagues
We found four more compensation records of executives who worked with Sagar A. Patel at Woodward in 2021.