Eagle Materials CEO Michael Haack's 2021 pay rises 15% to $5.8M
Eagle Materials reports 2021 executive compensation
By ExecPay News
Published: June 24, 2021
Eagle Materials reported fiscal year 2021 executive compensation information on June 24, 2021.
In 2021, five executives at Eagle Materials received on average a compensation package of $2.9M, a 2% decrease compared to previous year.
Average pay of disclosed executives at Eagle Materials
Michael Haack, Chief Executive Officer, received $5.8M in total, which increased by 15% compared to 2020. 30% of Haack's compensation, or $1.8M, was in option awards. Haack also received $1.4M in non-equity incentive plan, $824K in salary, $1.8M in stock awards, as well as $87K in other compensation.
For fiscal year 2021, the median employee pay was $77,107 at Eagle Materials. Therefore, the ratio of Michael Haack's pay to the median employee pay was 75 to one.
D. Craig Kesler, Chief Financial Officer, received a compensation package of $2.6M, which increased by 2% compared to previous year. 40% of the compensation package, or $1M, was in non-equity incentive plan.
Robert S. Stewart, Executive Vice President – Strategy, Corporate Development and Communications, earned $2.3M in 2021, a 7% increase compared to previous year.
James H. Graass, General Counsel, received $2.2M in 2021, which increases by 5% compared to 2020.
Steven L. Wentzel, President - American Gypsum Company LLC, earned $1.6M in 2021.
Eagle Materials' fiscal year ends on March 31.
Related executives
Michael Haack
Eagle Materials
Chief Executive Officer
D Kesler
Eagle Materials
Chief Financial Officer
Robert Stewart
Eagle Materials
Executive Vice President – Strategy, Corporate Development and Communications
James Graass
Eagle Materials
General Counsel
Steven Wentzel
Eagle Materials
President - American Gypsum Company LLC
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Source: SEC filing on June 24, 2021.