Celanese CEO Lori Ryerkerk's 2021 pay jumps 78% to $13M
Celanese reports 2021 executive compensation
By ExecPay News
Published: March 10, 2022
Celanese reported fiscal year 2021 executive compensation information on March 10, 2022.
In 2021, five Celanese executives received on average a compensation package of $5.5M, a 74% increase compared to previous year.
Average pay of disclosed executives at Celanese
Lori J. Ryerkerk, Chief Executive Officer, received $13M in total, which increased by 78% compared to 2020. 69% of Ryerkerk's compensation, or $8.6M, was in stock awards. Ryerkerk also received $2.6M in non-equity incentive plan, $1.2M in salary, as well as $100K in other compensation.
For fiscal year 2021, the median employee pay was $90,427 at Celanese. Therefore, the ratio of Lori J. Ryerkerk's pay to the median employee pay was 139 to one.
Scott A. Richardson, Chief Financial Officer, received a compensation package of $5M, which increased by 63% compared to previous year. 58% of the compensation package, or $2.9M, was in stock awards.
Thomas F. Kelly, Senior Vice President, Engineered Materials, earned $3.6M in 2021, a 57% increase compared to previous year.
A. Lynne Puckett, General Counsel, received $3.3M in 2021, which increases by 64% compared to 2020.
John G. Fotheringham, Senior Vice President, Acetyls, earned $3.1M in 2021.
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Source: SEC filing on March 10, 2022.