Encore Wire CEO Daniel Jones' 2020 pay rises 12% to $3.2M
Encore Wire reports 2020 executive compensation
By ExecPay News
Published: March 22, 2021
Encore Wire reported fiscal year 2020 executive compensation information on March 22, 2021.
In 2020, two executives at Encore Wire received on average a compensation package of $2.3M, a 2% increase compared to previous year.
Average pay of disclosed executives at Encore Wire
Daniel L. Jones, Chief Executive Officer, received $3.2M in total, which increased by 12% compared to 2019. 43% of Jones' compensation, or $1.4M, was in bonus. Jones also received $925K in salary, $884K in stock awards, as well as $33K in other compensation.
For fiscal year 2020, the median employee pay was $58,170 at Encore Wire. Therefore, the ratio of Daniel L. Jones' pay to the median employee pay was 56 to one.
Bret J. Eckert, Chief Financial Officer, received a compensation package of $1.3M. 46% of the compensation package, or $600K, was in bonus.
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Source: SEC filing on March 22, 2021.