Altra Industrial Motion CEO Carl Christenson's 2021 pay rises 5% to $6.6M
Altra Industrial Motion reports 2021 executive compensation
By ExecPay News
Published: March 24, 2022
Altra Industrial Motion reported fiscal year 2021 executive compensation information on March 24, 2022.
In 2021, five executives at Altra Industrial Motion received on average a compensation package of $2.4M, a 4% increase compared to previous year.
Average pay of disclosed executives at Altra Industrial Motion
Carl R. Christenson, Chief Executive Officer, received $6.6M in total, which increased by 5% compared to 2020. 43% of Christenson's compensation, or $2.8M, was in stock awards. Christenson also received $1.3M in non-equity incentive plan, $1.3M in option awards, $952K in salary, as well as $167K in other compensation.
Christian Storch, Chief Financial Officer, received a compensation package of $2.1M, which increased by 3% compared to previous year. 34% of the compensation package, or $725K, was in stock awards.
Glenn Deegan, Chief Legal and Human Resources Officer, earned $1.5M in 2021, a 2% increase compared to previous year.
Craig Schuele, Executive Vice President, Marketing and Business Development, received $975K in 2021, which increases by 1% compared to 2020.
Todd Patriacca, Chief Financial Officer, earned $796K in 2021, a 1% decrease compared to previous year.
Related executives
Carl Christenson
Altra Industrial Motion
Chief Executive Officer
Christian Storch
Altra Industrial Motion
Chief Financial Officer
Glenn Deegan
Altra Industrial Motion
Chief Legal and Human Resources Officer
Craig Schuele
Altra Industrial Motion
Executive Vice President, Marketing and Business Development
Todd Patriacca
Altra Industrial Motion
Chief Financial Officer
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Source: SEC filing on March 24, 2022.