Adient plc CEO Douglas Del Grosso's 2021 pay jumps 26% to $14M
Adient plc reports 2021 executive compensation
By ExecPay News
Published: January 25, 2022
Adient plc reported fiscal year 2021 executive compensation information on January 25, 2022.
In 2021, five Adient plc executives received on average a compensation package of $5.3M, a 3% decrease compared to previous year.
Douglas G. Del Grosso, Chief Executive Officer, received $14M in total, which increased by 26% compared to 2020. 80% of Del Grosso's compensation, or $11M, was in stock awards. Del Grosso also received $2M in non-equity incentive plan, $830K in salary, as well as $67K in other compensation.
For fiscal year 2021, the median employee pay was $18,799 at Adient plc. Therefore, the ratio of Douglas G. Del Grosso's pay to the median employee pay was 758 to one.
Jeffrey M. Stafeil, Chief Financial Officer, received a compensation package of $4.6M, which decreased by 19% compared to previous year. 68% of the compensation package, or $3.1M, was in stock awards.
Jerome J. Dorlack, Exec VP, Americas, earned $3M in 2021, a 21% decrease compared to previous year.
Jian James Huang, Exec VP, APAC, received $2.4M in 2021, which increases by 48% compared to 2020.
Michel P. Berthelin, Exec VP, EMEA, earned $2.2M in 2021, a 83% increase compared to previous year.
Adient plc's fiscal year ends on September 30.