Clean Harbors CEO Alan McKim's 2021 pay jumps 47% to $5.6M
Clean Harbors reports 2021 executive compensation
By ExecPay News
Published: April 14, 2022
Clean Harbors reported fiscal year 2021 executive compensation information on April 14, 2022.
In 2021, five executives at Clean Harbors received on average a compensation package of $3.5M, a 33% increase compared to previous year.
Alan S. McKim, Chief Executive Officer, received $5.6M in total, which increased by 47% compared to 2020. 54% of McKim's compensation, or $3M, was in non-equity incentive plan. McKim also received $1.3M in salary, $1.3M in stock awards, as well as $18K in other compensation.
For fiscal year 2021, the median employee pay was $68,365 at Clean Harbors. Therefore, the ratio of Alan S. McKim's pay to the median employee pay was 82 to one.
Eric W. Gerstenberg, Chief Operating Officer, received a compensation package of $4.5M, which increased by 20% compared to previous year. 65% of the compensation package, or $2.9M, was in stock awards.
Michael L. Battles, Chief Financial Officer, earned $3.2M in 2021, a 2% increase compared to previous year.
Brian P. Weber, Executive Vice President, Corporate Planning and Development, received $2.4M in 2021, which increases by 84% compared to 2020.
Robert Speights, President, Industrial Services, earned $1.7M in 2021, a 58% increase compared to previous year.