Eagle Materials CEO Michael Haack's 2022 pay rises 15% to $6.6M
Eagle Materials reports 2022 executive compensation
By ExecPay News
Published: June 24, 2022
Eagle Materials reported fiscal year 2022 executive compensation information on June 24, 2022.
In 2022, five executives at Eagle Materials received on average a compensation package of $3.2M, a 11% increase compared to previous year.
Average pay of disclosed executives at Eagle Materials
Michael Haack, Chief Executive Officer, received $6.6M in total, which increased by 15% compared to 2021. 60% of Haack's compensation, or $4M, was in stock awards. Haack also received $1.6M in non-equity incentive plan, $900K in salary, as well as $94K in other compensation.
For fiscal year 2022, the median employee pay was $77,321 at Eagle Materials. Therefore, the ratio of Michael Haack's pay to the median employee pay was 86 to one.
D. Craig Kesler, Chief Financial Officer, received a compensation package of $2.8M, which increased by 9% compared to previous year. 45% of the compensation package, or $1.3M, was in non-equity incentive plan.
Robert S. Stewart, Executive Vice President – Strategy, Corporate Development and Communications, earned $2.5M in 2022, a 8% increase compared to previous year.
James H. Graass, General Counsel, received $2.4M in 2022, which increases by 9% compared to 2021.
Steven L. Wentzel, President - American Gypsum Company LLC, earned $1.6M in 2022, a 5% increase compared to previous year.
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, 2022.