Salvatore A. Abbate
2021
In 2021, Salvatore A. Abbate earned a total compensation of $5M as Chief Executive Officer at Veritiv, a 44% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $1,920,000 |
|---|---|
| Salary | $800,000 |
| Stock Awards | $2,249,993 |
| Other | $12,464 |
| Total | $4,982,457 |
Abbate received $2.2M in stock awards, accounting for 45% of the total pay in 2021.
Abbate also received $1.9M in non-equity incentive plan, $800K in salary and $12.5K in other compensation.
Rankings
In 2021, Salvatore A. Abbate's compensation ranked 2,632nd out of 12,415 executives tracked by ExecPay. In other words, Abbate earned more than 78.8% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 2,632 out of 12,415 | 79th |
Division Wholesale Trade | 44 out of 266 | 84th |
Major group Wholesale Trade-non-durable Goods | 15 out of 106 | 86th |
Industry group Paper And Paper Products | 1 out of 6 | 83rd |
Pay ratio
| Salvatore A. Abbate's Pay | $4,982,457 |
|---|---|
| Median Employee's Pay | $63,114 |
| Pay Ratio | 79to 1 |
In 2021, the annual total compensation of Salvatore A. Abbate was $4,982,457.
The annual total compensation of the median employee at Veritiv was $63,114.
The ratio of Salvatore A. Abbate's pay to the pay of median employee was therefore 79 to one.
Source: SEC filing on March 18, 2022.
Abbate's colleagues
We found five more compensation records of executives who worked with Salvatore A. Abbate at Veritiv in 2021.
2021
Stephen Smith
Veritiv
Chief Financial Officer
2021
Tracy Pearson
Veritiv
Former Senior Vice President, Supply Chain Operations
2021
Daniel Watkoske
Veritiv
Senior Vice President, Print and Publishing
2021
Mark Hianik
Veritiv
General Counsel
2021
Karen Renner
Veritiv