Fortive Corp CEO James Lico's 2021 pay jumps 22% to $17M
Fortive Corp reports 2021 executive compensation
By ExecPay News
Published: April 25, 2022
Fortive Corp reported fiscal year 2021 executive compensation information on April 25, 2022.
In 2021, five executives at Fortive Corp received on average a compensation package of $8.7M, a 58% increase compared to previous year.
Average pay of disclosed executives at Fortive Corp
James A. Lico, Chief Executive Officer, received $17M in total, which increased by 22% compared to 2020. 48% of Lico's compensation, or $7.9M, was in stock awards. Lico also received $3.1M in non-equity incentive plan, $3.9M in option awards, $1.2M in salary, as well as $494K in other compensation.
Olumide Soroye, Chief Executive Officer, received a compensation package of $13M. 58% of the compensation package, or $7.7M, was in stock awards.
Charles E. McLaughlin, Chief Financial Officer, earned $5.8M in 2021, a 22% increase compared to previous year.
Edward R. Simmons, Senior Vice President Strategy, received $3.9M in 2021.
Barbara B. Hulit, Chief Executive Officer, earned $3.7M in 2021, a 30% increase compared to previous year.
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Source: SEC filing on April 25, 2022.