CSW INDUSTRIALS CEO Joseph Armes' 2020 pay rises 7% to $3.8M
CSW INDUSTRIALS reports 2020 executive compensation
By ExecPay News
Published: July 1, 2020
CSW INDUSTRIALS reported fiscal year 2020 executive compensation information on July 1, 2020.
In 2020, five executives at CSW INDUSTRIALS received on average a compensation package of $1.7M, a 11% increase compared to previous year.
Average pay of disclosed executives at CSW INDUSTRIALS
Joseph B. Armes, Chief Executive Officer, received $3.8M in total, which increased by 7% compared to 2019. 55% of Armes' compensation, or $2.1M, was in stock awards. Armes also received $1.3K of change in pension value and nonqualified deferred compensation earnings, $1.1M in non-equity incentive plan, $581K in salary, as well as $68K in other compensation.
Gregg W Branning, Chief Financial Officer, received a compensation package of $1.5M, which increased by 16% compared to previous year. 40% of the compensation package, or $610K, was in stock awards.
Donal J. Sullivan, Executive VP & General Manager, Industrial Products, earned $1.2M in 2020, a 32% increase compared to previous year.
Craig J. Foster, Senior VP & General Manager, Specialty Chemicals, received $1M in 2020, which decreases by 1% compared to 2019.
Luke E. Alverson, General Counsel, earned $955K in 2020, a 11% increase compared to previous year.
CSW INDUSTRIALS' fiscal year ends on March 31.
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Source: SEC filing on July 1, 2020.