CommScope Holding Company CEO Marvin Edwards' 2018 pay rises 5% to $8.9M
CommScope Holding Company reports 2018 executive compensation
By ExecPay News
Published: May 22, 2019
CommScope Holding Company reported fiscal year 2018 executive compensation information on May 22, 2019.
In 2018, seven executives at CommScope Holding Company received on average a compensation package of $2.8M, a 13% decrease compared to previous year.
Average pay of disclosed executives at CommScope Holding Company
Marvin S. Edwards, Jr, Chief Executive Officer, received $8.9M in total, which increased by 5% compared to 2017. 52% of Edwards' compensation, or $4.7M, was in stock awards. Edwards also received $59K of change in pension value and nonqualified deferred compensation earnings, $513K in non-equity incentive plan, $2.3M in option awards, $1.1M in salary, as well as $230K in other compensation.
For fiscal year 2018, the median employee pay was $12,917 at CommScope Holding Company. Therefore, the ratio of Marvin S. Edwards, Jr's pay to the median employee pay was 688 to one.
Morgan C.S. Kurk, Chief Operating Officer, received a compensation package of $2.3M. 43% of the compensation package, or $1M, was in stock awards.
Alexander W. Pease, Chief Financial Officer, earned $2.1M in 2018.
Peter U. Karlsson, Senior VP Global Sales, received $2.1M in 2018, which increases by 7% compared to 2017.
Frank M. Drendel, Chairman, earned $2M in 2018, a 6% increase compared to previous year.
Frank B. Wyatt, II, Chief Legal Officer, received $1.7M in 2018, which increases by 8% compared to 2017.
Mark A. Olson, Chief Financial Officer, earned $453K in 2018, a 80% decrease compared to previous year.
Related executives
Marvin Edwards
CommScope Holding Company
Chief Executive Officer
Alexander Pease
CommScope Holding Company
Chief Financial Officer
Mark Olson
CommScope Holding Company
Chief Financial Officer
Morgan Kurk
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Chief Technology Officer
Peter Karlsson
CommScope Holding Company
Senior VP Global Sales
Frank Wyatt
CommScope Holding Company
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Frank Drendel
CommScope Holding Company
Chairman
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Source: SEC filing on May 22, 2019.