Encore Wire CEO Daniel Jones' 2018 pay jumps 23% to $2.6M
Encore Wire reports 2018 executive compensation
By ExecPay News
Published: March 25, 2019
Encore Wire reported fiscal year 2018 executive compensation information on March 25, 2019.
In 2018, two executives at Encore Wire received on average a compensation package of $2.1M, a 24% increase compared to previous year.
Average pay of disclosed executives at Encore Wire
Daniel L. Jones, Chief Executive Officer, received $2.6M in total, which increased by 23% compared to 2017. 40% of Jones' compensation, or $1.1M, was in bonus. Jones also received $711K in option awards, $850K in salary, as well as $30K in other compensation.
For fiscal year 2018, the median employee pay was $56,687 at Encore Wire. Therefore, the ratio of Daniel L. Jones' pay to the median employee pay was 47 to one.
Frank J. Bilban, Chief Financial Officer, received a compensation package of $1.5M, which increased by 25% compared to previous year. 38% of the compensation package, or $550K, was in bonus.
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Source: SEC filing on March 25, 2019.