FreightCar America CEO James Meyer's 2020 pay slips 8% to $2M
FreightCar America reports 2020 executive compensation
By ExecPay News
Published: April 1, 2021
FreightCar America reported fiscal year 2020 executive compensation information on April 1, 2021.
In 2020, three executives at FreightCar America received on average a compensation package of $1.3M, a 13% decrease compared to previous year.
James R. Meyer, Chief Executive Officer, received $2M in total, which decreased by 8% compared to 2019. 50% of Meyer's compensation, or $1M, was in bonus. Meyer also received $250K in option awards, $500K in salary, as well as $246K in stock awards.
Christopher J. Eppel, Chief Financial Officer, received a compensation package of $1.3M, which decreased by 6% compared to previous year. 54% of the compensation package, or $700K, was in bonus.
W. Matthew Tonn, Chief Commercial Officer, earned $713K in 2020.