HC2 Holdings CAO Suzi Herbst's 2019 pay rises 1% to $994K
HC2 Holdings reports 2019 executive compensation
By ExecPay News
Published: May 27, 2020
HC2 Holdings reported fiscal year 2019 executive compensation information on May 27, 2020.
In 2019, four executives at HC2 Holdings received on average a compensation package of $761K, a 79% decrease compared to previous year.
Average pay of disclosed executives at HC2 Holdings
Suzi Raftery Herbst, Chief Administrative Officer, received $994K in total, which increased by 1% compared to 2018. 50% of Herbst's compensation, or $500K, was in non-equity incentive plan. Herbst also received $300K in salary, $188K in stock awards, as well as $6K in other compensation.
For fiscal year 2019, the median employee pay was $17,250 at HC2 Holdings. Therefore, the ratio of Suzi Raftery Herbst's pay to the median employee pay was 58 to one.
Joseph A. Ferraro, Chief Legal Officer, received a compensation package of $806K, which decreased by 31% compared to previous year. 62% of the compensation package, or $500K, was in non-equity incentive plan.
Michael J. Sena, Chief Financial Officer, earned $646K in 2019, a 70% decrease compared to previous year.
Philip A. Falcone, Chief Executive Officer, received $600K in 2019, which decreases by 95% compared to 2018.
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Source: SEC filing on May 27, 2020.