Hexcel CEO Nick Stanage's 2018 pay slips 8% to $6.3M
Hexcel reports 2018 executive compensation
By ExecPay News
Published: March 22, 2019
Hexcel reported fiscal year 2018 executive compensation information on March 22, 2019.
In 2018, five Hexcel executives received on average a compensation package of $2.3M, a 3% decrease compared to previous year.
Average pay of disclosed executives at Hexcel
Nick L. Stanage, Chief Executive Officer, received $6.3M in total, which decreased by 8% compared to 2017. 32% of Stanage's compensation, or $2M, was in stock awards. Stanage also received $918K of change in pension value and nonqualified deferred compensation earnings, $1M in non-equity incentive plan, $1.2M in option awards, $987K in salary, as well as $158K in other compensation.
For fiscal year 2018, the median employee pay was $60,504 at Hexcel. Therefore, the ratio of Nick L. Stanage's pay to the median employee pay was 105 to one.
Robert G. Hennemuth, EVP, Human Resources and Communications, received a compensation package of $1.6M, which decreased by 2% compared to previous year. 26% of the compensation package, or $427K, was in salary.
Patrick J. Winterlich, Chief Financial Officer, earned $1.3M in 2018, a 17% increase compared to previous year.
Gail E. Lehman, General Counsel, received $1.3M in 2018, which decreases by 4% compared to 2017.
Thierry Merlot, President, Aerospace, Europe, Middle East, Africa and Asia Pacific, earned $1M in 2018, a 6% increase compared to previous year.
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Source: SEC filing on March 22, 2019.