BWX Technologies CEO Rex Geveden's 2019 pay rises 7% to $5M
BWX Technologies reports 2019 executive compensation
By ExecPay News
Published: March 17, 2020
BWX Technologies reported fiscal year 2019 executive compensation information on March 17, 2020.
In 2019, five executives at BWX Technologies received on average a compensation package of $2.2M, a 35% increase compared to previous year.
Rex D. Geveden, Chief Executive Officer, received $5M in total, which increased by 7% compared to 2018. 58% of Geveden's compensation, or $2.9M, was in stock awards. Geveden also received $1.1M in non-equity incentive plan, $919K in salary, as well as $172K in other compensation.
For fiscal year 2019, the median employee pay was $88,538 at BWX Technologies. Therefore, the ratio of Rex D. Geveden's pay to the median employee pay was 57 to one.
David S. Black, Chief Financial Officer, received a compensation package of $1.9M, which increased by 20% compared to previous year. 37% of the compensation package, or $700K, was in stock awards.
Thomas E. McCabe, General Counsel, earned $1.6M in 2019, a 120% increase compared to previous year.
Joel W. Duling, President, BWXT Nuclear Operations Group, Inc, received $1.4M in 2019, which increases by 7% compared to 2018.
Richard W. Loving, Chief Administrative Officer, earned $1.1M in 2019, a 2% increase compared to previous year.