Belden CEO John Stroup's 2019 pay rises 18% to $7.5M
Belden reports 2019 executive compensation
By ExecPay News
Published: April 6, 2020
Belden reported fiscal year 2019 executive compensation information on April 6, 2020.
In 2019, five Belden executives received on average a compensation package of $3.2M, a 20% decrease compared to previous year.
Average pay of disclosed executives at Belden
John Stroup, Chief Executive Officer, received $7.5M in total, which increased by 18% compared to 2018. 72% of Stroup's compensation, or $5.4M, was in stock awards. Stroup also received $551K of change in pension value and nonqualified deferred compensation earnings, $518K in non-equity incentive plan, $920K in salary, as well as $89K in other compensation.
For fiscal year 2019, the median employee pay was $42,332 at Belden. Therefore, the ratio of John Stroup's pay to the median employee pay was 177 to one.
Brian Anderson, General Counsel, received a compensation package of $2.5M. 65% of the compensation package, or $1.6M, was in stock awards.
Dean McKenna, Senior Vice President, Human Resources, earned $2.4M in 2019.
Henk Derksen, Chief Financial Officer, received $2M in 2019, which decreases by 59% compared to 2018.
Roel Vestjens, Executive Vice President, Chief Operations Officer, earned $1.5M in 2019, a 62% decrease compared to previous year.
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Source: SEC filing on April 6, 2020.