AptarGroup CEO Stephan Tanda's 2019 pay slips 2% to $7.9M
AptarGroup reports 2019 executive compensation
By ExecPay News
Published: March 27, 2020
AptarGroup reported fiscal year 2019 executive compensation information on March 27, 2020.
In 2019, five AptarGroup executives received on average a compensation package of $3.7M, a 24% increase compared to previous year.
Average pay of disclosed executives at AptarGroup
Stephan B. Tanda, Chief Executive Officer, received $7.9M in total, which decreased by 2% compared to 2018. 58% of Tanda's compensation, or $4.6M, was in stock awards. Tanda also received $774K of change in pension value and nonqualified deferred compensation earnings, $485K in non-equity incentive plan, $1.1M in salary, as well as $1M in other compensation.
For fiscal year 2019, the median employee pay was $40,502 at AptarGroup. Therefore, the ratio of Stephan B. Tanda's pay to the median employee pay was 195 to one.
Robert W. Kuhn, Chief Financial Officer, received a compensation package of $3.7M, which increased by 37% compared to previous year. 57% of the compensation package, or $2.1M, was in stock awards.
Gael Touya, President, Aptar Food + Beverage, earned $3.3M in 2019, a 70% increase compared to previous year.
Eldon Schaffer, President, Beauty + Home, received $2.2M in 2019, which increases by 12% compared to 2018.
Xiangwei Gong, President, Aptar Asia, earned $1.6M in 2019, a 10% increase compared to previous year.
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Source: SEC filing on March 27, 2020.