Houghton Mifflin Harcourt CEO John Lynch's 2018 pay falls 35% to $4.2M
Houghton Mifflin Harcourt reports 2018 executive compensation
By ExecPay News
Published: March 29, 2019
Houghton Mifflin Harcourt reported fiscal year 2018 executive compensation information on March 29, 2019.
In 2018, six executives at Houghton Mifflin Harcourt received on average a compensation package of $2.3M, a 7% decrease compared to previous year.
Average pay of disclosed executives at Houghton Mifflin Harcourt
John J. Lynch, Jr, Chief Executive Officer, received $4.2M in total, which decreased by 35% compared to 2017. 57% of Lynch's compensation, or $2.4M, was in stock awards. Lynch also received $886K in non-equity incentive plan and $900K in salary.
For fiscal year 2018, the median employee pay was $75,876 at Houghton Mifflin Harcourt. Therefore, the ratio of John J. Lynch, Jr's pay to the median employee pay was 55 to one.
Joseph P. Abbott, Jr, Chief Financial Officer, received a compensation package of $2.6M, which decreased by 2% compared to previous year. 53% of the compensation package, or $1.4M, was in stock awards.
Lee R. Ramsayer, Executive Vice President/Global Sales, earned $2M in 2018, a 2% decrease compared to previous year.
Curriculum Rosamund Else-Mitchell, Executive Vice President/Chief Learning Officer, received $1.9M in 2018, which decreases by 4% compared to 2017.
James P. O'Neill, Executive Vice President/General Manager - Core, earned $1.6M in 2018.
William F. Bayers, General Counsel, received $1.5M in 2018, which decreases by 8% compared to 2017.
Related executives
John Lynch
Houghton Mifflin Harcourt
Chief Executive Officer
Joseph Abbott
Houghton Mifflin Harcourt
Chief Financial Officer
James O'Neill
Houghton Mifflin Harcourt
Executive Vice President/General Manager – Core Solutions
Curriculum Else-Mitchell
Houghton Mifflin Harcourt
Executive Vice President/Chief Learning Officer
Lee Ramsayer
Houghton Mifflin Harcourt
Former Executive Vice President/Global Sales
William Bayers
Houghton Mifflin Harcourt
General Counsel
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Source: SEC filing on March 29, 2019.