Franklin Resources CEO Gregory Johnson's 2019 pay rises 10% to $10M
Franklin Resources reports 2019 executive compensation
By ExecPay News
Published: December 26, 2019
Franklin Resources reported fiscal year 2019 executive compensation information on December 26, 2019.
In 2019, six executives at Franklin Resources received on average a compensation package of $5.4M, a 7% increase compared to previous year.
Average pay of disclosed executives at Franklin Resources
Gregory E. Johnson, Chief Executive Officer, received $10M in total, which increased by 10% compared to 2018. 61% of Johnson's compensation, or $6.4M, was in stock awards. Johnson also received $3.2M in non-equity incentive plan, $783K in salary, as well as $100K in other compensation.
For fiscal year 2019, the median employee pay was $63,941 at Franklin Resources. Therefore, the ratio of Gregory E. Johnson's pay to the median employee pay was 163 to one.
Jennifer M. Johnson, Chief Operating Officer, received a compensation package of $8M, which increased by 4% compared to previous year. 58% of the compensation package, or $4.6M, was in stock awards.
Kenneth A. Lewis, Chief Financial Officer, earned $4.2M in 2019, a 71% increase compared to previous year.
Jed A. Plafker, Executive Vice President, received $4M in 2019, which increases by 7% compared to 2018.
Matthew Nicholls, Chief Financial Officer, earned $3.7M in 2019.
Craig S. Tyle, General Counsel, received $2.2M in 2019, which increases by 8% compared to 2018.
Franklin Resources' fiscal year ends on September 30.
Related executives
Gregory Johnson
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Matthew Nicholls
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Chief Financial Officer
Jennifer Johnson
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Chief Executive Officer
Craig Tyle
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Jed Plafker
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Executive Vice President
Kenneth Lewis
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Source: SEC filing on December 26, 2019.