Chemours CEO Mark Vergnano's 2018 pay slips 19% to $8.1M
Chemours reports 2018 executive compensation
By ExecPay News
Published: March 14, 2019
Chemours reported fiscal year 2018 executive compensation information on March 14, 2019.
In 2018, five Chemours executives received on average a compensation package of $3.2M, a 20% decrease compared to previous year.
Average pay of disclosed executives at Chemours
Mark Vergnano, Chief Executive Officer, received $8.1M in total, which decreased by 19% compared to 2017. 44% of Vergnano's compensation, or $3.6M, was in stock awards. Vergnano also received $1M in non-equity incentive plan, $2.2M in option awards, $1M in salary, as well as $275K in other compensation.
For fiscal year 2018, the median employee pay was $106,807 at Chemours. Therefore, the ratio of Mark Vergnano's pay to the median employee pay was 76 to one.
Mark Newman, Chief Financial Officer, received a compensation package of $2.3M, which decreased by 22% compared to previous year. 34% of the compensation package, or $777K, was in stock awards.
Paul Kirsch, President, Fluoroproducts, earned $2.1M in 2018, a 22% decrease compared to previous year.
David Shelton, General Counsel, received $1.8M in 2018, which decreases by 15% compared to 2017.
Bryan Snell, President, Titanium Technologies, earned $1.7M in 2018, a 28% decrease compared to previous year.
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Source: SEC filing on March 14, 2019.