Greatbatch CEO Joseph Dziedzic's 2021 pay rises 17% to $6.9M
Greatbatch reports 2021 executive compensation
By ExecPay News
Published: April 4, 2022
Greatbatch reported fiscal year 2021 executive compensation information on April 4, 2022.
In 2021, five Greatbatch executives received on average a compensation package of $2.5M, a 17% increase compared to previous year.
Average pay of disclosed executives at Greatbatch
Joseph W. Dziedzic, Chief Executive Officer, received $6.9M in total, which increased by 17% compared to 2020. 72% of Dziedzic's compensation, or $5M, was in stock awards. Dziedzic also received $855K in non-equity incentive plan, $995K in salary, as well as $72K in other compensation.
For fiscal year 2021, the median employee pay was $33,479 at Greatbatch. Therefore, the ratio of Joseph W. Dziedzic's pay to the median employee pay was 207 to one.
Jason K. Garland, Chief Financial Officer, received a compensation package of $1.9M, which increased by 11% compared to previous year. 58% of the compensation package, or $1.1M, was in stock awards.
Payman Khales, President, Cardio & Vascular, earned $1.4M in 2021, a 22% increase compared to previous year.
Jennifer M. Bolt, Senior Vice President, Global Operations and ESG, received $1.3M in 2021, which increases by 31% compared to 2020.
Joel Becker, President, Cardiac Rhythm Management & Neuromodulation, earned $1.2M in 2021, a 13% increase compared to previous year.
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Source: SEC filing on April 4, 2022.