Gates Industrial Corp plc CEO Ivo Jurek's 2021 pay rises 14% to $8.8M
Gates Industrial Corp plc reports 2021 executive compensation
By ExecPay News
Published: April 28, 2022
Gates Industrial Corp plc reported fiscal year 2021 executive compensation information on April 28, 2022.
In 2021, five executives at Gates Industrial Corp plc received on average a compensation package of $3.9M, a 47% increase compared to previous year.
Average pay of disclosed executives at Gates Industrial Corp plc
Ivo Jurek, Chief Executive Officer, received $8.8M in total, which increased by 14% compared to 2020. 48% of Jurek's compensation, or $4.2M, was in stock awards. Jurek also received $2.1M in non-equity incentive plan, $1.2M in option awards, $1.1M in salary, as well as $218K in other compensation.
Grant Gawronski, Chief Commercial Officer, received a compensation package of $3.4M, which increased by 13% compared to previous year. 35% of the compensation package, or $1.2M, was in stock awards.
Walt Lifsey, Chief Operating Officer, earned $3.4M in 2021, a 10% increase compared to previous year.
L. Brooks Mallard, Chief Financial Officer, received $2.5M in 2021, which increases by 14% compared to 2020.
Tom Pitstick, Chief Marketing Officer, earned $1.4M in 2021.
Gates Industrial Corp plc's fiscal year ends on January 2.
Related executives
Ivo Jurek
Gates Industrial Corp plc
Chief Executive Officer
L Mallard
Gates Industrial Corp plc
Chief Financial Officer
Grant Gawronski
Gates Industrial Corp plc
Chief Commercial Officer
Walt Lifsey
Gates Industrial Corp plc
Chief Operating Officer
Tom Pitstick
Gates Industrial Corp plc
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Source: SEC filing on April 28, 2022.