FreightCar America Chief Commercial Officer Theodore Baun's 2018 pay jumps 90% to $1.1M
FreightCar America reports 2018 executive compensation
By ExecPay News
Published: March 29, 2019
FreightCar America reported fiscal year 2018 executive compensation information on March 29, 2019.
In 2018, three executives at FreightCar America received on average a compensation package of $1M, a 18% decrease compared to previous year.
Theodore W. Baun, Chief Commercial Officer, received $1.1M in total, which increased by 90% compared to 2017. 57% of Baun's compensation, or $633K, was in option awards. Baun also received $350K in salary, $123K in stock awards, as well as $11K in other compensation.
James R. Meyer, Chief Executive Officer, received a compensation package of $1.1M, which decreased by 61% compared to previous year. 47% of the compensation package, or $500K, was in salary.
Matthew S. Kohnke, Chief Financial Officer, earned $864K in 2018, a 107% increase compared to previous year.