Andersons CEO Patrick Bowe's 2020 pay slips 13% to $3.8M

Andersons reports 2020 executive compensation

By ExecPay News

Published: March 11, 2021

Andersons reported fiscal year 2020 executive compensation information on March 11, 2021.
In 2020, seven Andersons executives received on average a compensation package of $1.6M, a 51% decrease compared to previous year.
Average pay of disclosed executives at Andersons
Patrick E. Bowe, Chief Executive Officer, received $3.8M in total, which decreased by 13% compared to 2019. 59% of Bowe's compensation, or $2.2M, was in stock awards. Bowe also received $400K in non-equity incentive plan, $3.4K in option awards, $997K in salary, as well as $138K in other compensation.
William E. Krueger, President, The Andersons Trade and Processing, received a compensation package of $2M, which decreased by 69% compared to previous year. 45% of the compensation package, or $875K, was in non-equity incentive plan.
Brian A. Valentine, Chief Financial Officer, earned $1.2M in 2020, a 11% decrease compared to previous year.
Christine M. Castellano, General Counsel, received $1.1M in 2020.
Jeffrey C. Blair, Former President, Plant Nutrient Group, earned $1M in 2020.
Valerie M. Blanchett, Chief Human Resources Officer, received $987K in 2020.
Joseph E. McNeely, President, The Andersons Nutrient and Industrial, earned $919K in 2020, a 25% increase compared to previous year.

Related executives

Patrick Bowe

Andersons

Chief Executive Officer

Brian Valentine

Andersons

Chief Financial Officer

William Krueger

Andersons

President, The Andersons Trade and Processing

Christine Castellano

Andersons

General Counsel

Joseph McNeely

Andersons

President, The Andersons Nutrient and Industrial

Valerie Blanchett

Andersons

Chief Human Resources Officer

Jeffrey Blair

Andersons

Former President, Plant Nutrient Group

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Source: SEC filing on March 11, 2021.