DAVEY TREE EXPERT CO CEO Patrick Covey's 2018 pay rises 18% to $1.5M
DAVEY TREE EXPERT CO reports 2018 executive compensation
By ExecPay News
Published: April 5, 2019
DAVEY TREE EXPERT CO reported fiscal year 2018 executive compensation information on April 5, 2019.
In 2018, five executives at DAVEY TREE EXPERT CO received on average a compensation package of $782K, a 1% decrease compared to previous year.
Average pay of disclosed executives at DAVEY TREE EXPERT CO
Patrick M. Covey, Chief Executive Officer, received $1.5M in total, which increased by 18% compared to 2017. 48% of Covey's compensation, or $697K, was in non-equity incentive plan. Covey also received $10K in bonus, $83K in option awards, $579K in salary, $37K in stock awards, as well as $52K in other compensation.
For fiscal year 2018, the median employee pay was $45,919 at DAVEY TREE EXPERT CO. Therefore, the ratio of Patrick M. Covey's pay to the median employee pay was 32 to one.
Joseph R. Paul, Chief Financial Officer, received a compensation package of $761K, which increased by 5% compared to previous year. 44% of the compensation package, or $338K, was in salary.
James F. Stief, Executive Vice President, U.S. Residential Operations, earned $669K in 2018, a 2% decrease compared to previous year.
Dan A. Joy, Executive Vice President and General Manager, Commercial Landscape Services and Operations Support Services, received $515K in 2018, which decreases by 1% compared to 2017.
Brent R. Repenning, Executive Vice President, U.S. Utility and Davey Resource Group, earned $506K in 2018, a 4% increase compared to previous year.
Related executives
Patrick Covey
DAVEY TREE EXPERT CO
Chief Executive Officer
Joseph Paul
DAVEY TREE EXPERT CO
Chief Financial Officer
James Stief
DAVEY TREE EXPERT CO
Executive Vice President, U.S. Residential Operations
Dan Joy
DAVEY TREE EXPERT CO
Executive Vice President and General Manager, Commercial Landscape Services and Operations Support Services
Brent Repenning
DAVEY TREE EXPERT CO
Executive Vice President, U.S. Utility and Davey Resource Group
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Source: SEC filing on April 5, 2019.