Encore Wire CEO Daniel Jones' 2019 pay rises 9% to $2.9M
Encore Wire reports 2019 executive compensation
By ExecPay News
Published: March 23, 2020
Encore Wire reported fiscal year 2019 executive compensation information on March 23, 2020.
In 2019, two executives at Encore Wire received on average a compensation package of $2.2M, a 9% increase compared to previous year.
Average pay of disclosed executives at Encore Wire
Daniel L. Jones, Chief Executive Officer, received $2.9M in total, which increased by 9% compared to 2018. 40% of Jones' compensation, or $1.2M, was in bonus. Jones also received $925K in salary, $779K in stock awards, as well as $30K in other compensation.
For fiscal year 2019, the median employee pay was $56,806 at Encore Wire. Therefore, the ratio of Daniel L. Jones' pay to the median employee pay was 51 to one.
Frank J. Bilban, Chief Financial Officer, received a compensation package of $1.6M, which increased by 9% compared to previous year. 38% of the compensation package, or $600K, was in bonus.
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Source: SEC filing on March 23, 2020.