Autoliv CEO Mikael Bratt's 2021 pay rises 7% to $3.2M
Autoliv reports 2021 executive compensation
By ExecPay News
Published: March 23, 2022
Autoliv reported fiscal year 2021 executive compensation information on March 23, 2022.
In 2021, six Autoliv executives received on average a compensation package of $1.6M, a 15% decrease compared to previous year.
Average pay of disclosed executives at Autoliv
Mikael Bratt, Chief Executive Officer, received $3.2M in total, which increased by 7% compared to 2020. 39% of Bratt's compensation, or $1.3M, was in salary. Bratt also received $1.1M in non-equity incentive plan, $281K in stock awards, as well as $587K in other compensation.
For fiscal year 2021, the median employee pay was $24,477 at Autoliv. Therefore, the ratio of Mikael Bratt's pay to the median employee pay was 132 to one.
Fredrik Westin, Chief Financial Officer, received a compensation package of $1.5M, which decreased by 16% compared to previous year. 43% of the compensation package, or $623K, was in salary.
Frithjof Oldorff, President, Europe, earned $1.3M in 2021, a 7% increase compared to previous year.
Kevin Fox, President, Americas, received $1.2M in 2021.
Jennifer Cheng, Former President, China, earned $1.2M in 2021.
Colin Naughton, President, Asia, received $1.1M in 2021.
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Source: SEC filing on March 23, 2022.