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.
Average pay of disclosed executives at Adient plc
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.

Related executives

Douglas Del Grosso

Adient plc

Chief Executive Officer

Jeffrey Stafeil

Adient plc

Chief Financial Officer

Jerome Dorlack

Adient plc

Exec VP, Americas

Jian Huang

Adient plc

Exec VP, APAC

Michel Berthelin

Adient plc

Exec VP, EMEA

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Source: SEC filing on January 25, 2022.