Air Transport Services Group CEO Joseph Hete's 2018 pay slips 5% to $2.3M
Air Transport Services Group reports 2018 executive compensation
By ExecPay News
Published: March 29, 2019
Air Transport Services Group reported fiscal year 2018 executive compensation information on March 29, 2019.
In 2018, five executives at Air Transport Services Group received on average a compensation package of $1.3M, a 11% decrease compared to previous year.
Average pay of disclosed executives at Air Transport Services Group
Joseph C. Hete, Chief Executive Officer, received $2.3M in total, which decreased by 5% compared to 2017. 35% of Hete's compensation, or $798K, was in stock awards. Hete also received $722K in non-equity incentive plan, $750K in salary, as well as $17K in other compensation.
For fiscal year 2018, the median employee pay was $48,838 at Air Transport Services Group. Therefore, the ratio of Joseph C. Hete's pay to the median employee pay was 47 to one.
Richard F. Corrado, Chief Operating Officer, received a compensation package of $1.4M, which increased by 25% compared to previous year. 36% of the compensation package, or $485K, was in salary.
Quint O. Turner, Chief Financial Officer, earned $1.2M in 2018, a 13% decrease compared to previous year.
W. Joseph Payne, Chief Legal Officer, received $1M in 2018, which decreases by 6% compared to 2017.
Michael L. Berger, Chief Commercial Officer, earned $796K in 2018.
Related executives
Joseph Hete
Air Transport Services Group
Chief Executive Officer
Quint Turner
Air Transport Services Group
Chief Financial Officer
Richard Corrado
Air Transport Services Group
Chief Operating Officer
W Payne
Air Transport Services Group
Chief Legal Officer
Michael Berger
Air Transport Services Group
Chief Commercial Officer
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Source: SEC filing on March 29, 2019.