Group 1 Automotive CEO Earl Hesterberg's 2019 pay rises 15% to $7.9M
Group 1 Automotive reports 2019 executive compensation
By ExecPay News
Published: April 8, 2020
Group 1 Automotive reported fiscal year 2019 executive compensation information on April 8, 2020.
In 2019, five executives at Group 1 Automotive received on average a compensation package of $3.5M, a 11% increase compared to previous year.
Average pay of disclosed executives at Group 1 Automotive
Earl J. Hesterberg, Chief Executive Officer, received $7.9M in total, which increased by 15% compared to 2018. 45% of Hesterberg's compensation, or $3.6M, was in stock awards. Hesterberg also received $362K of change in pension value and nonqualified deferred compensation earnings, $2.1M in non-equity incentive plan, $1.2M in salary, as well as $685K in other compensation.
For fiscal year 2019, the median employee pay was $49,324 at Group 1 Automotive. Therefore, the ratio of Earl J. Hesterberg's pay to the median employee pay was 161 to one.
Daryl A. Kenningham, President, U.S. and Brazilian Operations, received a compensation package of $3.1M, which increased by 19% compared to previous year. 36% of the compensation package, or $1.1M, was in stock awards.
John C. Rickel, Chief Financial Officer, earned $2.7M in 2019, a 4% increase compared to previous year.
Frank Grese, Jr, Senior Vice President, Human Resources, Training and Operations Support, received $2.2M in 2019, which increases by 3% compared to 2018.
Peter C. DeLongchamps, Senior Vice President, Manufacturer Relations, Financial Services and Public Affairs, earned $1.8M in 2019, a 2% increase compared to previous year.
Related executives
Earl Hesterberg
Group 1 Automotive
Chief Executive Officer
Daryl Kenningham
Group 1 Automotive
President, U.S. and Brazilian Operations
John Rickel
Group 1 Automotive
Chief Financial Officer
Frank Grese
Group 1 Automotive
Senior Vice President, Human Resources, Training and Operations Support
Peter DeLongchamps
Group 1 Automotive
Senior Vice President, Manufacturer Relations, Financial Services and Public Affairs
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Source: SEC filing on April 8, 2020.