Diebold CEO Gerrard Schmid's 2021 pay jumps 393% to $26M

Diebold reports 2021 executive compensation

By ExecPay News

Published: March 24, 2022

Diebold reported fiscal year 2021 executive compensation information on March 24, 2022.
In 2021, five Diebold executives received on average a compensation package of $8.1M, a 259% increase compared to previous year.
Average pay of disclosed executives at Diebold
Gerrard B. Schmid, Chief Executive Officer, received $26M in total, which increased by 393% compared to 2020. 84% of Schmid's compensation, or $22M, was in stock awards. Schmid also received $3.1M in non-equity incentive plan, $950K in salary, as well as $52K in other compensation.
Jeffrey Rutherford, Chief Financial Officer, received a compensation package of $6.9M, which increased by 290% compared to previous year. 78% of the compensation package, or $5.4M, was in stock awards.
Olaf Heyden, Chief Operating Officer, earned $2.8M in 2021, a 71% increase compared to previous year.
Ulrich Näher, Executive Vice President, Chief Commercial Officer, received $2.6M in 2021, which increases by 61% compared to 2020.
Jonathan B. Leiken, Chief Legal Officer, earned $2.1M in 2021, a 57% increase compared to previous year.

Related executives

Gerrard Schmid

Diebold

Chief Executive Officer

Jeffrey Rutherford

Diebold

Chief Financial Officer

Ulrich Näher

Diebold

Executive Vice President, Chief Commercial Officer

Olaf Heyden

Diebold

Chief Operating Officer

Jonathan Leiken

Diebold

Chief Legal Officer

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Source: SEC filing on March 24, 2022.