Foster L B CEO Robert Bauer's 2018 pay rises 19% to $2.3M
Foster L B reports 2018 executive compensation
By ExecPay News
Published: April 11, 2019
Foster L B reported fiscal year 2018 executive compensation information on April 11, 2019.
In 2018, five Foster L B executives received on average a compensation package of $1.1M, a 29% increase compared to previous year.
Average pay of disclosed executives at Foster L B
Robert P. Bauer, Chief Executive Officer, received $2.3M in total, which increased by 19% compared to 2017. 38% of Bauer's compensation, or $865K, was in stock awards. Bauer also received $628K in non-equity incentive plan, $631K in salary, as well as $128K in other compensation.
For fiscal year 2018, the median employee pay was $59,038 at Foster L B. Therefore, the ratio of Robert P. Bauer's pay to the median employee pay was 38 to one.
John F. Kasel, SVP, Rail and Construction, received a compensation package of $900K, which decreased by 4% compared to previous year. 38% of the compensation package, or $340K, was in salary.
James P. Maloney, Chief Financial Officer, earned $821K in 2018, a 119% increase compared to previous year.
Patrick J. Guinee, General Counsel, received $696K in 2018, which decreases by 15% compared to 2017.
Gregory W. Lippard, VP, Rail Products, Sales and Service, earned $676K in 2018, a 1% decrease compared to previous year.
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Source: SEC filing on April 11, 2019.