Huntsman CEO Peter Huntsman's 2018 pay falls 21% to $13M
Huntsman reports 2018 executive compensation
By ExecPay News
Published: March 21, 2019
Huntsman reported fiscal year 2018 executive compensation information on March 21, 2019.
In 2018, five Huntsman executives received on average a compensation package of $5.5M, a 23% decrease compared to previous year.
Peter R. Huntsman, Chief Executive Officer, received $13M in total, which decreased by 21% compared to 2017. 37% of Huntsman's compensation, or $5M, was in stock awards. Huntsman also received $3.8M in non-equity incentive plan, $2.1M in option awards, $1.7M in salary, as well as $710K in other compensation.
For fiscal year 2018, the median employee pay was $71,546 at Huntsman. Therefore, the ratio of Peter R. Huntsman's pay to the median employee pay was 186 to one.
Anthony P. Hankins, Chief Executive Officer, received a compensation package of $7.7M, which increased by 132% compared to previous year. 57% of the compensation package, or $4.4M, was of change in pension value and nonqualified deferred compensation earnings.
Sean Douglas, Chief Financial Officer, earned $2.4M in 2018, a 8% decrease compared to previous year.
David M. Stryker, General Counsel, received $2.2M in 2018, which decreases by 16% compared to 2017.
Rohit Aggarwal, Division President, Textile Effects, earned $2M in 2018.