Platform Specialty Products CEO Rakesh Sachdev's 2018 pay rises 20% to $7M
Platform Specialty Products reports 2018 executive compensation
By ExecPay News
Published: April 25, 2019
Platform Specialty Products reported fiscal year 2018 executive compensation information on April 25, 2019.
In 2018, five executives at Platform Specialty Products received on average a compensation package of $2.6M, a 14% increase compared to previous year.
Average pay of disclosed executives at Platform Specialty Products
Rakesh Sachdev, Chief Executive Officer, received $7M in total, which increased by 20% compared to 2017. 43% of Sachdev's compensation, or $3M, was in stock awards. Sachdev also received $2M in bonus, $977K in non-equity incentive plan, $1.1M in salary, as well as $18K in other compensation.
For fiscal year 2018, the median employee pay was $49,275 at Platform Specialty Products. Therefore, the ratio of Rakesh Sachdev's pay to the median employee pay was 143 to one.
Benjamin Gliklich, Former EVP - Operations & Strategy, received a compensation package of $2M, which increased by 25% compared to previous year. 27% of the compensation package, or $550K, was in bonus.
John E. Capps, General Counsel, earned $2M in 2018, a 14% increase compared to previous year.
John P. Connolly, Chief Financial Officer, received $1.4M in 2018, which increases by 6% compared to 2017.
J. David Tolbert, Chief Human Resources Officer, earned $750K in 2018, a 8% increase compared to previous year.
Related executives
Rakesh Sachdev
Platform Specialty Products
Chief Executive Officer
John Connolly
Platform Specialty Products
Chief Financial Officer
John Capps
Platform Specialty Products
General Counsel
Benjamin Gliklich
Platform Specialty Products
Chief Executive Officer
J Tolbert
Platform Specialty Products
Chief Human Resources Officer
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Source: SEC filing on April 25, 2019.