Garrett Motion CEO Olivier Rabiller's 2019 pay falls 28% to $5.4M
Garrett Motion reports 2019 executive compensation
By ExecPay News
Published: April 15, 2020
Garrett Motion reported fiscal year 2019 executive compensation information on April 15, 2020.
In 2019, six executives at Garrett Motion received on average a compensation package of $2.4M, a 36% decrease compared to previous year.
Olivier Rabiller, Chief Executive Officer, received $5.4M in total, which decreased by 28% compared to 2018. 53% of Rabiller's compensation, or $2.8M, was in stock awards. Rabiller also received $276K in bonus, $93K of change in pension value and nonqualified deferred compensation earnings, $453K in non-equity incentive plan, $790K in option awards, $898K in salary, as well as $29K in other compensation.
For fiscal year 2019, the median employee pay was $27,146 at Garrett Motion. Therefore, the ratio of Olivier Rabiller's pay to the median employee pay was 198 to one.
Alessandro Gili, Chief Financial Officer, received a compensation package of $2.4M, which decreased by 44% compared to previous year. 62% of the compensation package, or $1.5M, was in stock awards.
Jérôme Maironi, General Counsel, earned $1.9M in 2019, a 20% decrease compared to previous year.
Craig Balis, Chief Technology Officer, received $1.9M in 2019, which decreases by 21% compared to 2018.
Thierry Mabru, Senior Vice President, Integrated Supply Chain, earned $1.5M in 2019, a 24% decrease compared to previous year.
Peter Bracke, Chief Financial Officer, received $1.2M in 2019.
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