Domtar CEO John Williams' 2019 pay slips 14% to $6.8M
Domtar reports 2019 executive compensation
By ExecPay News
Published: April 6, 2020
Domtar reported fiscal year 2019 executive compensation information on April 6, 2020.
In 2019, five Domtar executives received on average a compensation package of $3.2M, a 9% decrease compared to previous year.
Average pay of disclosed executives at Domtar
John D. Williams, Chief Executive Officer, received $6.8M in total, which decreased by 14% compared to 2018. 64% of Williams' compensation, or $4.4M, was in stock awards. Williams also received $205K in non-equity incentive plan, $1.2M in salary, as well as $1.1M in other compensation.
For fiscal year 2019, the median employee pay was $81,678 at Domtar. Therefore, the ratio of John D. Williams' pay to the median employee pay was 84 to one.
Daniel Buron, Chief Financial Officer, received a compensation package of $3M, which is about the same as previous year. 39% of the compensation package, or $1.2M, was in stock awards.
Michael Fagan, President Personal Care Division, earned $2.4M in 2019, a 15% increase compared to previous year.
Michael D. Garcia, President, Pulp and Paper Division, received $2.2M in 2019, which decreases by 19% compared to 2018.
Zygmunt Jablonski, Senior Vice President and Chief Legal and Administrative Officer, earned $1.8M in 2019, a 13% decrease compared to previous year.
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Source: SEC filing on April 6, 2020.