FranklinCovey CEO Robert Whitman's 2019 pay rises 7% to $2.9M

FranklinCovey reports 2019 executive compensation

By ExecPay News

Published: December 19, 2019

FranklinCovey reported fiscal year 2019 executive compensation information on December 19, 2019.
In 2019, six executives at FranklinCovey received on average a compensation package of $1.3M, a 4% decrease compared to previous year.
Average pay of disclosed executives at FranklinCovey
Robert A. Whitman, Chief Executive Officer, received $2.9M in total, which increased by 7% compared to 2018. 47% of Whitman's compensation, or $1.4M, was in stock awards. Whitman also received $914K in non-equity incentive plan, $575K in salary, as well as $74K in other compensation.
For fiscal year 2019, the median employee pay was $91,996 at FranklinCovey. Therefore, the ratio of Robert A. Whitman's pay to the median employee pay was 32 to one.
Stephen D. Young, Chief Financial Officer, received a compensation package of $1.1M, which increased by 2% compared to previous year. 35% of the compensation package, or $405K, was in stock awards.
Paul S. Walker, President of Enterprise Division Global Partnerships, earned $1M in 2019, which is about the same as previous year.
M. Sean Covey, President of Education Division, received $960K in 2019, which decreases by 9% compared to 2018.
Colleen Dom, Executive Vice President of Operations, earned $826K in 2019.
Scott J. Miller, EVP Global Business Development & Marketing, received $822K in 2019, which increases by 4% compared to 2018.
FranklinCovey's fiscal year ends on August 31.

Related executives

Robert Whitman

FranklinCovey

Chairman

Stephen Young

FranklinCovey

Chief Financial Officer

Paul Walker

FranklinCovey

Chief Executive Officer

M Covey

FranklinCovey

President - Education Division

Colleen Dom

FranklinCovey

Executive Vice President of Operations

Scott Miller

FranklinCovey

EVP Global Business Development & Marketing

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Source: SEC filing on December 19, 2019.