Air Lease Chairman Steven Udvar-Házy's 2021 pay jumps 68% to $9.7M
Air Lease reports 2021 executive compensation
By ExecPay News
Published: March 18, 2022
Air Lease reported fiscal year 2021 executive compensation information on March 18, 2022.
In 2021, five Air Lease executives received on average a compensation package of $5.7M, a 55% increase compared to previous year.
Average pay of disclosed executives at Air Lease
Steven F. Udvar-Házy, Chairman, received $9.7M in total, which increased by 68% compared to 2020. 78% of Udvar-Házy's compensation, or $7.6M, was in stock awards. Udvar-Házy also received $1.8M in salary and $300K in other compensation.
For fiscal year 2021, the median employee pay was $268,423 at Air Lease. Therefore, the ratio of Steven F. Udvar-Házy's pay to the median employee pay was 36 to one.
John L. Plueger, Chief Executive Officer, received a compensation package of $9.1M, which increased by 53% compared to previous year. 56% of the compensation package, or $5.1M, was in stock awards.
Grant A. Levy, Executive Vice President, earned $3.4M in 2021, a 61% increase compared to previous year.
Kishore Korde, Executive Vice President, received $3.2M in 2021.
Gregory B. Willis, Chief Financial Officer, earned $3.2M in 2021, a 56% increase compared to previous year.
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Source: SEC filing on March 18, 2022.