Chemed CEO Kevin McNamara's 2019 pay rises 14% to $10M
Chemed reports 2019 executive compensation
By ExecPay News
Published: April 9, 2020
Chemed reported fiscal year 2019 executive compensation information on April 9, 2020.
In 2019, five Chemed executives received on average a compensation package of $4.3M, a 4% increase compared to previous year.
Kevin J. McNamara, Chief Executive Officer, received $10M in total, which increased by 14% compared to 2018. 34% of McNamara's compensation, or $3.4M, was in option awards. McNamara also received $49K of change in pension value and nonqualified deferred compensation earnings, $2.4M in non-equity incentive plan, $1.2M in salary, $1.7M in stock awards, as well as $1.2M in other compensation.
David P. Williams, Chief Financial Officer, received a compensation package of $4M, which decreased by 6% compared to previous year. 30% of the compensation package, or $1.2M, was in option awards.
Nicholas M. Westfall, Executive Vice President, earned $3.2M in 2019, a 5% increase compared to previous year.
Spencer S. Lee, Executive Vice President, received $2.4M in 2019, which decreases by 11% compared to 2018.
Naomi C. Dallob, Chief Legal Officer, earned $2M in 2019, a 1% increase compared to previous year.