Belden CEO John Stroup's 2018 pay slips 10% to $6.3M
Belden reports 2018 executive compensation
By ExecPay News
Published: April 9, 2019
Belden reported fiscal year 2018 executive compensation information on April 9, 2019.
In 2018, five Belden executives received on average a compensation package of $4M, a 68% increase compared to previous year.
Average pay of disclosed executives at Belden
John Stroup, Chief Executive Officer, received $6.3M in total, which decreased by 10% compared to 2017. 41% of Stroup's compensation, or $2.6M, was in stock awards. Stroup also received $620K in non-equity incentive plan, $2.1M in option awards, $894K in salary, as well as $94K in other compensation.
For fiscal year 2018, the median employee pay was $43,268 at Belden. Therefore, the ratio of John Stroup's pay to the median employee pay was 146 to one.
Henk Derksen, Chief Financial Officer, received a compensation package of $4.7M, which increased by 123% compared to previous year. 73% of the compensation package, or $3.5M, was in stock awards.
Glenn Pennycook, Executive Vice President, Enterprise Solutions, earned $3.8M in 2018, a 153% increase compared to previous year.
Roel Vestjens, Executive Vice President, Industrial Solutions, received $3.8M in 2018, which increases by 173% compared to 2017.
Ross Rosenberg, Senior Vice President, Strategy and Corporate Development, earned $1.1M in 2018, a 1% increase compared to previous year.
Related executives
You may also like
Source: SEC filing on April 9, 2019.