CSW INDUSTRIALS CEO Joseph Armes' 2022 pay jumps 369% to $17M
CSW INDUSTRIALS reports 2022 executive compensation
By ExecPay News
Published: July 15, 2022
CSW INDUSTRIALS reported fiscal year 2022 executive compensation information on July 15, 2022.
In 2022, four executives at CSW INDUSTRIALS received on average a compensation package of $5.4M, a 184% increase compared to previous year.
Joseph B. Armes, Chief Executive Officer, received $17M in total, which increased by 369% compared to 2021. 90% of Armes' compensation, or $15M, was in stock awards. Armes also received $1M in non-equity incentive plan, $600K in salary, as well as $65K in other compensation.
Donal J. Sullivan, Executive VP, GM, Contractor Solutions, received a compensation package of $1.8M, which increased by 29% compared to previous year. 52% of the compensation package, or $943K, was in stock awards.
James E. Perry, Chief Financial Officer, earned $1.7M in 2022, a 4% increase compared to previous year.
Luke E. Alverson, General Counsel, received $1M in 2022, which increases by 9% compared to 2021.
CSW INDUSTRIALS' fiscal year ends on March 31.