HUBBELL CEO David Nord's 2020 pay jumps 59% to $9M
HUBBELL reports 2020 executive compensation
By ExecPay News
Published: March 22, 2021
HUBBELL reported fiscal year 2020 executive compensation information on March 22, 2021.
In 2020, seven HUBBELL executives received on average a compensation package of $3.7M, a 60% increase compared to previous year.
Average pay of disclosed executives at HUBBELL
David G. Nord, Chief Executive Officer, received $9M in total, which increased by 59% compared to 2019. 43% of Nord's compensation, or $3.9M, was in stock awards. Nord also received $2.1M of change in pension value and nonqualified deferred compensation earnings, $644K in non-equity incentive plan, $1.3M in option awards, $915K in salary, as well as $215K in other compensation.
Gerben W. Bakker, Chief Executive Officer, received a compensation package of $6.7M, which increased by 128% compared to previous year. 38% of the compensation package, or $2.5M, was in stock awards.
William R. Sperry, Chief Financial Officer, earned $2.8M in 2020, a 63% increase compared to previous year.
Allan J. Connolly, President, Utility Solutions Segment, received $2.4M in 2020, which increases by 45% compared to 2019.
Stephen M. Mais, Senior Vice President, Human Resources, earned $2M in 2020.
Rodd R. Ruland, Executive Vice President, Transition and Integration, received $1.7M in 2020, which increases by 74% compared to 2019.
Katherine A. Lane, General Counsel, earned $1.5M in 2020, a 42% increase compared to previous year.
Related executives
Gerben Bakker
HUBBELL
Chief Executive Officer
David Nord
HUBBELL
Chief Executive Officer
William Sperry
HUBBELL
Chief Financial Officer
Allan Connolly
HUBBELL
President, Utility Solutions Segment
Stephen Mais
HUBBELL
Senior Vice President, Human Resources
Rodd Ruland
HUBBELL
Executive Vice President, Transition and Integration
Katherine Lane
HUBBELL
General Counsel
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Source: SEC filing on March 22, 2021.