Colfax CEO Matthew Trerotola's 2021 pay jumps 67% to $14M
Colfax reports 2021 executive compensation
By ExecPay News
Published: April 28, 2022
Colfax reported fiscal year 2021 executive compensation information on April 28, 2022.
In 2021, five Colfax executives received on average a compensation package of $6.3M, a 53% increase compared to previous year.
Average pay of disclosed executives at Colfax
Matthew L. Trerotola, Chief Executive Officer, received $14M in total, which increased by 67% compared to 2020. 64% of Trerotola's compensation, or $8.8M, was in stock awards. Trerotola also received $1.7M in non-equity incentive plan, $1.5M in option awards, $1.1M in salary, as well as $675K in other compensation.
For fiscal year 2021, the median employee pay was $30,024 at Colfax. Therefore, the ratio of Matthew L. Trerotola's pay to the median employee pay was 461 to one.
Brady Shirley, Chief Executive Officer, received a compensation package of $5.7M, which increased by 46% compared to previous year. 60% of the compensation package, or $3.4M, was in stock awards.
Daniel A. Pryor, Executive Vice President, Strategy and Business Development, earned $4.4M in 2021, a 53% increase compared to previous year.
Shyam Kambeyanda, Chief Executive Officer, received $4.2M in 2021, which increases by 60% compared to 2020.
Christopher M. Hix, Chief Financial Officer, earned $3.6M in 2021, a 15% increase compared to previous year.
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Source: SEC filing on April 28, 2022.