CTS CEO Kieran O'Sullivan's 2021 pay jumps 58% to $3.9M
CTS reports 2021 executive compensation
By ExecPay News
Published: April 1, 2022
CTS reported fiscal year 2021 executive compensation information on April 1, 2022.
In 2021, three CTS executives received on average a compensation package of $2.1M, a 50% increase compared to previous year.
Average pay of disclosed executives at CTS
Kieran M. O'Sullivan, Chief Executive Officer, received $3.9M in total, which increased by 58% compared to 2020. 46% of O'Sullivan's compensation, or $1.8M, was in stock awards. O'Sullivan also received $1.4M in non-equity incentive plan, $758K in salary, as well as $19K in other compensation.
For fiscal year 2021, the median employee pay was $14,659 at CTS. Therefore, the ratio of Kieran M. O'Sullivan's pay to the median employee pay was 269 to one.
Ashish Agrawal, Chief Financial Officer, received a compensation package of $1.4M, which increased by 41% compared to previous year. 40% of the compensation package, or $568K, was in stock awards.
Scott L. D'Angelo, General Counsel, earned $803K in 2021.
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Source: SEC filing on April 1, 2022.