Albany International CEO Olivier Jarrault's 2019 pay slips 16% to $3.9M
Albany International reports 2019 executive compensation
By ExecPay News
Published: March 31, 2020
Albany International reported fiscal year 2019 executive compensation information on March 31, 2020.
In 2019, five executives at Albany International received on average a compensation package of $1.7M, a 9% increase compared to previous year.
Average pay of disclosed executives at Albany International
Olivier Jarrault, Chief Executive Officer, received $3.9M in total, which decreased by 16% compared to 2018. 44% of Jarrault's compensation, or $1.7M, was in stock awards. Jarrault also received $1.1M in non-equity incentive plan, $831K in salary, as well as $240K in other compensation.
Daniel A. Halftermeyer, President, Machine Clothing, received a compensation package of $1.7M, which decreased by 35% compared to previous year. 37% of the compensation package, or $641K, was in salary.
John B. Cozzolino, Chief Financial Officer, earned $1.2M in 2019, a 7% decrease compared to previous year.
Charles J. Silva, Jr, General Counsel, received $877K in 2019, which increases by 21% compared to 2018.
Alice McCarvill, EVP, Human Resources, earned $799K in 2019, a 27% increase compared to previous year.
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Source: SEC filing on March 31, 2020.