Graham Holdings CEO Timothy O'Shaughnessy's 2020 pay jumps 556% to $9.7M
Graham Holdings reports 2020 executive compensation
By ExecPay News
Published: March 25, 2021
Graham Holdings reported fiscal year 2020 executive compensation information on March 25, 2021.
In 2020, five executives at Graham Holdings received on average a compensation package of $4.2M, a 53% increase compared to previous year.
Timothy J. O'Shaughnessy, Chief Executive Officer, received $9.7M in total, which increased by 556% compared to 2019. 75% of O'Shaughnessy's compensation, or $7.2M, was in option awards. O'Shaughnessy also received $19K of change in pension value and nonqualified deferred compensation earnings, $1.8M in non-equity incentive plan, $563K in salary, as well as $2.9K in other compensation.
Andrew S. Rosen, Chairman, received a compensation package of $6.3M, which decreased by 23% compared to previous year. 54% of the compensation package, or $3.4M, was of change in pension value and nonqualified deferred compensation earnings.
Wallace R. Cooney, Chief Financial Officer, earned $1.9M in 2020, a 26% increase compared to previous year.
Nicole M. Maddrey, General Counsel, received $1.6M in 2020, which increases by 21% compared to 2019.
Denise M. Demeter, Chief Human Resources Officer, earned $1.5M in 2020, a 19% increase compared to previous year.