Covanta Holding CEO Stephen Jones' 2018 pay rises 6% to $4.6M
Covanta Holding reports 2018 executive compensation
By ExecPay News
Published: March 29, 2019
Covanta Holding reported fiscal year 2018 executive compensation information on March 29, 2019.
In 2018, five executives at Covanta Holding received on average a compensation package of $2.4M, a 17% increase compared to previous year.
Average pay of disclosed executives at Covanta Holding
Stephen J. Jones, Chief Executive Officer, received $4.6M in total, which increased by 6% compared to 2017. 60% of Jones' compensation, or $2.8M, was in stock awards. Jones also received $1M in non-equity incentive plan, $800K in salary, as well as $20K in other compensation.
For fiscal year 2018, the median employee pay was $101,625 at Covanta Holding. Therefore, the ratio of Stephen J. Jones' pay to the median employee pay was 46 to one.
Bradford J. Helgeson, Chief Financial Officer, received a compensation package of $2.1M, which increased by 24% compared to previous year. 59% of the compensation package, or $1.3M, was in stock awards.
Derek W. Veenhof, Executive Vice President, Sustainable Solutions, earned $1.9M in 2018, a 45% increase compared to previous year.
Michael J. de Castro, Executive Vice President, Supply Chain, received $1.6M in 2018, which increases by 17% compared to 2017.
Timothy J. Simpson, General Counsel, earned $1.5M in 2018, a 14% increase compared to previous year.
Related executives
Stephen Jones
Covanta Holding
Chief Executive Officer
Bradford Helgeson
Covanta Holding
Chief Financial Officer
Derek Veenhof
Covanta Holding
Executive Vice President, Sustainable Solutions
Michael de Castro
Covanta Holding
Executive Vice President, Supply Chain
Timothy Simpson
Covanta Holding
General Counsel
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Source: SEC filing on March 29, 2019.