Generac Holdings CEO Aaron Jagdfeld's 2020 pay rises 15% to $7M
Generac Holdings reports 2020 executive compensation
By ExecPay News
Published: April 29, 2021
Generac Holdings reported fiscal year 2020 executive compensation information on April 29, 2021.
In 2020, five executives at Generac Holdings received on average a compensation package of $2.8M, a 12% increase compared to previous year.
Aaron Jagdfeld, Chief Executive Officer, received $7M in total, which increased by 15% compared to 2019. 38% of Jagdfeld's compensation, or $2.7M, was in stock awards. Jagdfeld also received $2M in non-equity incentive plan, $1.3M in option awards, $944K in salary, as well as $54K in other compensation.
Russell Minick, Chief Marketing Officer, received a compensation package of $2M, which increased by 12% compared to previous year. 33% of the compensation package, or $666K, was in stock awards.
York Ragen, Chief Financial Officer, earned $1.9M in 2020, a 8% increase compared to previous year.
Patrick Forsythe, Chief Technical Officer, received $1.6M in 2020, which increases by 11% compared to 2019.
Erik Wilde, Executive Vice President Industrial, Americas, earned $1.5M in 2020, a 7% increase compared to previous year.