Amkor Technology CEO Giel Rutten's 2021 pay falls 61% to $3.8M
Amkor Technology reports 2021 executive compensation
By ExecPay News
Published: April 12, 2022
Amkor Technology reported fiscal year 2021 executive compensation information on April 12, 2022.
In 2021, five executives at Amkor Technology received on average a compensation package of $2.1M, a 37% decrease compared to previous year.
Average pay of disclosed executives at Amkor Technology
Giel Rutten, Chief Executive Officer, received $3.8M in total, which decreased by 61% compared to 2020. 45% of Rutten's compensation, or $1.7M, was in non-equity incentive plan. Rutten also received $850K in salary, $1.1M in stock awards, as well as $114K in other compensation.
For fiscal year 2021, the median employee pay was $16,225 at Amkor Technology. Therefore, the ratio of Giel Rutten's pay to the median employee pay was 236 to one.
Megan Faust, Chief Financial Officer, received a compensation package of $1.9M, which increased by 90% compared to previous year. 37% of the compensation package, or $689K, was in stock awards.
John C. Stone, Former Executive Vice President, Chief Sales Officer, earned $1.8M in 2021, a 51% increase compared to previous year.
Mark Rogers, General Counsel, received $1.7M in 2021, which increases by 56% compared to 2020.
Farshad Haghighi, Executive Vice President, Worldwide Sales, earned $1.1M in 2021.
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Source: SEC filing on April 12, 2022.