CTS CEO Kieran O'Sullivan's 2020 pay rises 3% to $2.5M
CTS reports 2020 executive compensation
By ExecPay News
Published: April 1, 2021
CTS reported fiscal year 2020 executive compensation information on April 1, 2021.
In 2020, three CTS executives received on average a compensation package of $1.4M, which is about the same as previous year.
Average pay of disclosed executives at CTS
Kieran M. O'Sullivan, Chief Executive Officer, received $2.5M in total, which increased by 3% compared to 2019. 70% of O'Sullivan's compensation, or $1.8M, was in stock awards. O'Sullivan also received $722K in salary and $21K in other compensation.
For fiscal year 2020, the median employee pay was $12,056 at CTS. Therefore, the ratio of Kieran M. O'Sullivan's pay to the median employee pay was 207 to one.
Ashish Agrawal, Chief Financial Officer, received a compensation package of $1M, which increased by 10% compared to previous year. 56% of the compensation package, or $556K, was in stock awards.
Luis F. Machado, General Counsel, earned $601K in 2020, a 20% decrease compared to previous year.
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Source: SEC filing on April 1, 2021.