Houghton Mifflin Harcourt CEO John Lynch's 2019 pay rises 13% to $4.7M
Houghton Mifflin Harcourt reports 2019 executive compensation
By ExecPay News
Published: March 27, 2020
Houghton Mifflin Harcourt reported fiscal year 2019 executive compensation information on March 27, 2020.
In 2019, five executives at Houghton Mifflin Harcourt received on average a compensation package of $2.5M, a 8% increase compared to previous year.
Average pay of disclosed executives at Houghton Mifflin Harcourt
John J. Lynch, Jr, Chief Executive Officer, received $4.7M in total, which increased by 13% compared to 2018. 53% of Lynch's compensation, or $2.5M, was in stock awards. Lynch also received $1.3M in non-equity incentive plan, $900K in salary, as well as $8K in other compensation.
For fiscal year 2019, the median employee pay was $78,237 at Houghton Mifflin Harcourt. Therefore, the ratio of John J. Lynch, Jr's pay to the median employee pay was 60 to one.
Joseph P. Abbott, Jr, Chief Financial Officer, received a compensation package of $2.6M, which decreased by 1% compared to previous year. 54% of the compensation package, or $1.4M, was in stock awards.
Lee R. Ramsayer, Former Executive Vice President/Global Sales, earned $2M in 2019, a 3% decrease compared to previous year.
James P. O'Neill, Executive Vice President/General Manager – Core Solutions, received $1.6M in 2019, which is about the same as previous year.
William F. Bayers, General Counsel, earned $1.5M in 2019, a 3% increase compared to previous year.
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
William Bayers
Houghton Mifflin Harcourt
General Counsel
Lee Ramsayer
Houghton Mifflin Harcourt
Former Executive Vice President/Global Sales
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Source: SEC filing on March 27, 2020.