Covanta Holding CEO Stephen Jones' 2019 pay rises 19% to $5.5M
Covanta Holding reports 2019 executive compensation
By ExecPay News
Published: April 3, 2020
Covanta Holding reported fiscal year 2019 executive compensation information on April 3, 2020.
In 2019, five executives at Covanta Holding received on average a compensation package of $2.4M, which is about the same as previous year.
Average pay of disclosed executives at Covanta Holding
Stephen J. Jones, Chief Executive Officer, received $5.5M in total, which increased by 19% compared to 2018. 66% of Jones' compensation, or $3.7M, was in stock awards. Jones also received $940K in non-equity incentive plan, $900K in salary, as well as $21K in other compensation.
For fiscal year 2019, the median employee pay was $102,569 at Covanta Holding. Therefore, the ratio of Stephen J. Jones' pay to the median employee pay was 54 to one.
Bradford J. Helgeson, Chief Financial Officer, received a compensation package of $1.7M, which decreased by 19% compared to previous year. 52% of the compensation package, or $896K, was in stock awards.
Derek W. Veenhof, Executive Vice President, Sustainable Solutions, earned $1.6M in 2019, a 20% decrease compared to previous year.
Michael J. de Castro, Executive Vice President, Supply Chain, received $1.6M in 2019, which is about the same as previous year.
Timothy J. Simpson, General Counsel, earned $1.5M in 2019, a 6% decrease 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 April 3, 2020.