Albany International CEO Olivier Jarrault's 2018 pay jumps 242% to $4.6M
Albany International reports 2018 executive compensation
By ExecPay News
Published: March 27, 2019
Albany International reported fiscal year 2018 executive compensation information on March 27, 2019.
In 2018, eight executives at Albany International received on average a compensation package of $1.6M, a 4% decrease compared to previous year.
Average pay of disclosed executives at Albany International
Olivier Jarrault, Chief Executive Officer, received $4.6M in total, which increased by 242% compared to 2017. 65% of Jarrault's compensation, or $3M, was in stock awards. Jarrault also received $805K in non-equity incentive plan, $646K in salary, as well as $183K in other compensation.
Daniel A. Halftermeyer, President, Machine, received a compensation package of $2.7M, which increased by 70% compared to previous year. 53% of the compensation package, or $1.4M, was in stock awards.
Stephen Nolan, Chief Financial Officer, earned $1.6M in 2018, a 2% increase compared to previous year.
John B. Cozzolino, Chief Financial Officer, received $1.3M in 2018, which decreases by 5% compared to 2017.
Clothing Robert A. Hansen, Chief Technology Officer, earned $744K in 2018, a 13% decrease compared to previous year.
Charles J. Silva, Jr, General Counsel, received $726K in 2018, which increases by 9% compared to 2017.
Alice McCarvill, EVP, Human Resources, earned $627K in 2018.
Joseph G. Morone, Chief Executive Officer, received $155K in 2018, which decreases by 96% compared to 2017.
Related executives
Joseph Morone
Albany International
Chief Executive Officer
Olivier Jarrault
Albany International
Chief Executive Officer
John Cozzolino
Albany International
Chief Financial Officer
Daniel Halftermeyer
Albany International
President, Machine Clothing
Clothing Hansen
Albany International
Chief Technology Officer
Charles Silva
Albany International
General Counsel
Stephen Nolan
Albany International
Chief Financial Officer
Alice McCarvill
Albany International
EVP, Human Resources
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Source: SEC filing on March 27, 2019.