Generac Holdings CEO Aaron Jagdfeld's 2019 pay rises 3% to $6.1M
Generac Holdings reports 2019 executive compensation
By ExecPay News
Published: April 29, 2020
Generac Holdings reported fiscal year 2019 executive compensation information on April 29, 2020.
In 2019, five executives at Generac Holdings received on average a compensation package of $2.5M, a 1% increase compared to previous year.
Aaron Jagdfeld, Chief Executive Officer, received $6.1M in total, which increased by 3% compared to 2018. 29% of Jagdfeld's compensation, or $1.8M, was in stock awards. Jagdfeld also received $1.6M in non-equity incentive plan, $1.8M in option awards, $907K in salary, as well as $70K in other compensation.
Russell Minick, Chief Marketing Officer, received a compensation package of $1.8M, which increased by 1% compared to previous year. 25% of the compensation package, or $448K, was in stock awards.
York Ragen, Chief Financial Officer, earned $1.8M in 2019, which is about the same as previous year.
Patrick Forsythe, Executive Vice President Global Engineering, received $1.5M in 2019, which is about the same as previous year.
Erik Wilde, Executive Vice President Industrial - Americas, earned $1.4M in 2019, a 3% decrease compared to previous year.