EASTERN CO CEO August Vlak's 2021 pay jumps 82% to $1.2M
EASTERN CO reports 2021 executive compensation
By ExecPay News
Published: March 17, 2022
EASTERN CO reported fiscal year 2021 executive compensation information on March 17, 2022.
In 2021, three EASTERN CO executives received on average a compensation package of $847K, a 38% increase compared to previous year.
August M. Vlak, Chief Executive Officer, received $1.2M in total, which increased by 82% compared to 2020. 41% of Vlak's compensation, or $475K, was in salary. Vlak also received $430K in non-equity incentive plan, $235K in option awards, as well as $20K in other compensation.
John L. Sullivan III, Chief Financial Officer, received a compensation package of $744K, which decreased by 2% compared to previous year. 47% of the compensation package, or $352K, was in salary.
James P. Woidke, Chief Operating Officer, earned $637K in 2021, a 46% increase compared to previous year.