Sun Hydraulics CEO Wolfgang Dangel's 2019 pay slips 8% to $1.4M
Sun Hydraulics reports 2019 executive compensation
By ExecPay News
Published: June 8, 2020
Sun Hydraulics reported fiscal year 2019 executive compensation information on June 8, 2020.
In 2019, six executives at Sun Hydraulics received on average a compensation package of $801K, a 4% increase compared to previous year.
Wolfgang H. Dangel, Chief Executive Officer, received $1.4M in total, which decreased by 8% compared to 2018. 45% of Dangel's compensation, or $640K, was in stock awards. Dangel also received $197K in non-equity incentive plan, $545K in salary, as well as $35K in other compensation.
For fiscal year 2019, the median employee pay was $45,749 at Sun Hydraulics. Therefore, the ratio of Wolfgang H. Dangel's pay to the median employee pay was 31 to one.
Tricia L. Fulton, Chief Financial Officer, received a compensation package of $949K, which decreased by 12% compared to previous year. 42% of the compensation package, or $397K, was in salary.
Rajasekhar Menon, President, CVT, earned $812K in 2019.
Melanie M. Nealis, Secretary, received $707K in 2019, which increases by 26% compared to 2018.
Jinger McPeak, President, Electronic Controls, earned $461K in 2019, a 5% decrease compared to previous year.
Matteo Arduini, President, QRC, received $459K in 2019.
Sun Hydraulics' fiscal year ends on January 1.
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