Generac Holdings CEO Aaron Jagdfeld's 2021 pay rises 8% to $7.5M
Generac Holdings reports 2021 executive compensation
By ExecPay News
Published: April 29, 2022
Generac Holdings reported fiscal year 2021 executive compensation information on April 29, 2022.
In 2021, five executives at Generac Holdings received on average a compensation package of $3.2M, a 16% increase compared to previous year.
Average pay of disclosed executives at Generac Holdings
Aaron Jagdfeld, Chief Executive Officer, received $7.5M in total, which increased by 8% compared to 2020. 44% of Jagdfeld's compensation, or $3.3M, was in stock awards. Jagdfeld also received $1.5M in non-equity incentive plan, $1.7M in option awards, $989K in salary, as well as $33K in other compensation.
Russell Minick, Chief Marketing Officer, received a compensation package of $3.9M, which increased by 95% compared to previous year. 68% of the compensation package, or $2.7M, was in stock awards.
York Ragen, Chief Financial Officer, earned $1.9M in 2021, which is about the same as previous year.
Patrick Forsythe, Chief Technical Officer, received $1.5M in 2021, which decreases by 8% compared to 2020.
Erik Wilde, Executive Vice President, earned $1.4M in 2021, a 4% decrease compared to previous year.
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Source: SEC filing on April 29, 2022.