FreightCar America CEO James Meyer's 2022 pay falls 28% to $2M
FreightCar America reports 2022 executive compensation
By ExecPay News
Published: April 10, 2023
FreightCar America reported fiscal year 2022 executive compensation information on April 10, 2023.
In 2022, four executives at FreightCar America received on average a compensation package of $1.1M, a 30% decrease compared to previous year.
Average pay of disclosed executives at FreightCar America
James R. Meyer, Chief Executive Officer, received $2M in total, which decreased by 28% compared to 2021. 30% of Meyer's compensation, or $622K, was in non-equity incentive plan. Meyer also received $424K in option awards, $565K in salary, $424K in stock awards, as well as $8.5K in other compensation.
Michael A. Riordan, Chief Financial Officer, received a compensation package of $1M. 31% of the compensation package, or $313K, was in option awards.
W. Matthew Tonn, Chief Commercial Officer, earned $800K in 2022, a 34% decrease compared to previous year.
Terrence R. Rogers, Chief Financial Officer, received $725K in 2022, which decreases by 41% compared to 2021.
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Source: SEC filing on April 10, 2023.