FranklinCovey CEO Robert Whitman's 2020 pay falls 22% to $2.3M
FranklinCovey reports 2020 executive compensation
By ExecPay News
Published: December 15, 2021
FranklinCovey reported fiscal year 2020 executive compensation information on December 15, 2021.
In 2020, six executives at FranklinCovey received on average a compensation package of $1.1M, a 17% decrease compared to previous year.
Average pay of disclosed executives at FranklinCovey
Robert A. Whitman, Chief Executive Officer, received $2.3M in total, which decreased by 22% compared to 2019. 50% of Whitman's compensation, or $1.2M, was in stock awards. Whitman also received $479K in non-equity incentive plan, $575K in salary, as well as $74K in other compensation.
For fiscal year 2020, the median employee pay was $81,650 at FranklinCovey. Therefore, the ratio of Robert A. Whitman's pay to the median employee pay was 28 to one.
Paul S. Walker, Chief Operating Officer, received a compensation package of $1.1M, which increased by 7% compared to previous year. 39% of the compensation package, or $425K, was in stock awards.
Stephen D. Young, Chief Financial Officer, earned $916K in 2020, a 20% decrease compared to previous year.
M. Sean Covey, President Education Division, received $782K in 2020, which decreases by 19% compared to 2019.
Colleen Dom, Executive Vice President of Operations, earned $680K in 2020, a 18% decrease compared to previous year.
Scott J. Miller, EVP Global Business Development & Marketing, received $624K in 2020, which decreases by 24% compared to 2019.
FranklinCovey's fiscal year ends on August 31.
Related executives
Colleen Dom
FranklinCovey
Executive Vice President of Operations
Robert Whitman
FranklinCovey
Chairman
Stephen Young
FranklinCovey
Chief Financial Officer
Paul Walker
FranklinCovey
Chief Executive Officer
M Covey
FranklinCovey
President - Education Division
Scott Miller
FranklinCovey
EVP Global Business Development & Marketing
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Source: SEC filing on December 15, 2021.