Hanesbrands CEO Gerald Evans' 2020 pay jumps 139% to $9.5M
Hanesbrands reports 2020 executive compensation
By ExecPay News
Published: March 15, 2021
Hanesbrands reported fiscal year 2020 executive compensation information on March 15, 2021.
In 2020, six executives at Hanesbrands received on average a compensation package of $3.9M, a 117% increase compared to previous year.
Average pay of disclosed executives at Hanesbrands
Gerald W. Evans, Jr, Chief Executive Officer, received $9.5M in total, which increased by 139% compared to 2019. 66% of Evans' compensation, or $6.2M, was in stock awards. Evans also received $306K of change in pension value and nonqualified deferred compensation earnings, $873K in non-equity incentive plan, $666K in salary, as well as $1.4M in other compensation.
Stephen B. Bratspies, Chief Executive Officer, received a compensation package of $4.8M. 58% of the compensation package, or $2.8M, was in stock awards.
W. Howard Upchurch, Group President, earned $2.5M in 2020, a 93% increase compared to previous year.
Michael E. Faircloth, Group President, received $2.4M in 2020, which increases by 92% compared to 2019.
Joia M. Johnson, Chief Administrative Officer, earned $2.4M in 2020, a 87% increase compared to previous year.
M. Scott Lewis, Chief Financial Officer, received $1.7M in 2020.
Hanesbrands' fiscal year ends on January 1.
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Source: SEC filing on March 15, 2021.