HUNTINGTON INGALLS INDUSTRIES CEO C Petters' 2019 pay jumps 56% to $8.6M
HUNTINGTON INGALLS INDUSTRIES reports 2019 executive compensation
By ExecPay News
Published: March 16, 2020
HUNTINGTON INGALLS INDUSTRIES reported fiscal year 2019 executive compensation information on March 16, 2020.
In 2019, five executives at HUNTINGTON INGALLS INDUSTRIES received on average a compensation package of $4.6M, a 15% increase compared to previous year.
Average pay of disclosed executives at HUNTINGTON INGALLS INDUSTRIES
C. Michael Petters, Chief Executive Officer, received $8.6M in total, which increased by 56% compared to 2018. 51% of Petters' compensation, or $4.4M, was in stock awards. Petters also received $2.7M of change in pension value and nonqualified deferred compensation earnings, $1.5M in non-equity incentive plan, $1 in salary, as well as $51K in other compensation.
For fiscal year 2019, the median employee pay was $73,108 at HUNTINGTON INGALLS INDUSTRIES. Therefore, the ratio of C. Michael Petters' pay to the median employee pay was 118 to one.
Jennifer R. Boykin, Executive Vice President and President, Newport News, received a compensation package of $4.4M, which increased by 75% compared to previous year. 52% of the compensation package, or $2.3M, was of change in pension value and nonqualified deferred compensation earnings.
Christopher D. Kastner, Chief Financial Officer, earned $4.3M in 2019.
Brian J. Cuccias, Executive Vice President and President, Ingalls, received $3.5M in 2019.
Edgar A. Green III, Executive Vice President and President, Technical Solutions, earned $2.3M in 2019.
Related executives
C Petters
HUNTINGTON INGALLS INDUSTRIES
Chief Executive Officer
Christopher Kastner
HUNTINGTON INGALLS INDUSTRIES
Chief Financial Officer
Brian Cuccias
HUNTINGTON INGALLS INDUSTRIES
Executive Vice President and President, Ingalls
Edgar Green
HUNTINGTON INGALLS INDUSTRIES
Executive Vice President and President, Technical Solutions
Jennifer Boykin
HUNTINGTON INGALLS INDUSTRIES
Executive Vice President and President, Newport News
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Source: SEC filing on March 16, 2020.