Genuine Parts Company CEO Paul Donahue's 2019 pay jumps 54% to $8.2M
Genuine Parts Company reports 2019 executive compensation
By ExecPay News
Published: March 3, 2020
Genuine Parts Company reported fiscal year 2019 executive compensation information on March 3, 2020.
In 2019, six executives at Genuine Parts Company received on average a compensation package of $3.4M, a 40% increase compared to previous year.
Paul D. Donahue, Chief Executive Officer, received $8.2M in total, which increased by 54% compared to 2018. 37% of Donahue's compensation, or $3M, was in stock awards. Donahue also received $2.4M of change in pension value and nonqualified deferred compensation earnings, $1.5M in non-equity incentive plan, $1.2M in salary, as well as $92K in other compensation.
For fiscal year 2019, the median employee pay was $39,321 at Genuine Parts Company. Therefore, the ratio of Paul D. Donahue's pay to the median employee pay was 208 to one.
Scott A. Sonnemaker, Group President, received a compensation package of $3.5M. 61% of the compensation package, or $2.1M, was in stock awards.
Carol B. Yancey, Chief Financial Officer, earned $3.5M in 2019, a 62% increase compared to previous year.
Kevin E. Herron, President — U.S. Automotive Parts Group, received $2.1M in 2019.
Randall P. Breaux, President — Motion Industries, earned $1.7M in 2019.
James R. Neill, Chief Human Resources Officer, received $1.5M in 2019, which increases by 39% compared to 2018.
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Paul Donahue
Genuine Parts Company
Chief Executive Officer
Carol Yancey
Genuine Parts Company
Chief Financial Officer
Scott Sonnemaker
Genuine Parts Company
Group President
James Neill
Genuine Parts Company
Chief Human Resources Officer
Kevin Herron
Genuine Parts Company
President — U.S. Automotive Parts Group
Randall Breaux
Genuine Parts Company