Benchmark Electronics CEO Jeffrey Benck's 2020 pay slips 19% to $4.9M
Benchmark Electronics reports 2020 executive compensation
By ExecPay News
Published: April 1, 2021
Benchmark Electronics reported fiscal year 2020 executive compensation information on April 1, 2021.
In 2020, five executives at Benchmark Electronics received on average a compensation package of $2M, a 22% decrease compared to previous year.
Average pay of disclosed executives at Benchmark Electronics
Jeffrey W. Benck, Chief Executive Officer, received $4.9M in total, which decreased by 19% compared to 2019. 72% of Benck's compensation, or $3.5M, was in stock awards. Benck also received $478K in non-equity incentive plan, $841K in salary, as well as $52K in other compensation.
For fiscal year 2020, the median employee pay was $12,795 at Benchmark Electronics. Therefore, the ratio of Jeffrey W. Benck's pay to the median employee pay was 381 to one.
Roop K. Lakkaraju, Chief Financial Officer, received a compensation package of $1.6M, which decreased by 9% compared to previous year. 61% of the compensation package, or $1M, was in stock awards.
Michael D. Buseman, Chief Operating Officer, earned $1.4M in 2020, a 21% increase compared to previous year.
Stephen J. Beaver, Chief Legal Officer, received $1.1M in 2020, which increases by 21% compared to 2019.
Jan M. Janick, Chief Technology Officer, earned $1M in 2020, a 22% decrease compared to previous year.
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Source: SEC filing on April 1, 2021.