Domtar CEO John Williams' 2020 pay slips 2% to $6.7M
Domtar reports 2020 executive compensation
By ExecPay News
Published: March 25, 2021
Domtar reported fiscal year 2020 executive compensation information on March 25, 2021.
In 2020, five Domtar executives received on average a compensation package of $3.3M, a 2% increase compared to previous year.
Average pay of disclosed executives at Domtar
John D. Williams, Chief Executive Officer, received $6.7M in total, which decreased by 2% compared to 2019. 62% of Williams' compensation, or $4.2M, was in stock awards. Williams also received $893K in non-equity incentive plan, $1.2M in salary, as well as $459K in other compensation.
For fiscal year 2020, the median employee pay was $85,350 at Domtar. Therefore, the ratio of John D. Williams' pay to the median employee pay was 79 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 $1.1M, was in stock awards.
Michael Fagan, Former President, Personal Care Division, earned $2.6M in 2020, a 7% increase compared to previous year.
Michael D. Garcia, Former President, Pulp and Paper Division, received $2.3M in 2020, which increases by 7% compared to 2019.
Zygmunt Jablonski, Senior Vice President and Chief Legal and Administrative Officer, earned $1.9M in 2020, a 3% increase compared to previous year.
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Source: SEC filing on March 25, 2021.