Interface CEO Jay Gould's 2019 pay falls 33% to $3.4M
Interface reports 2019 executive compensation
By ExecPay News
Published: April 10, 2020
Interface reported fiscal year 2019 executive compensation information on April 10, 2020.
In 2019, five Interface executives received on average a compensation package of $1.8M, a 7% decrease compared to previous year.
Jay D. Gould, Chief Executive Officer, received $3.4M in total, which decreased by 33% compared to 2018. 68% of Gould's compensation, or $2.3M, was in stock awards. Gould also received $927K in salary and $155K in other compensation.
For fiscal year 2019, the median employee pay was $59,960 at Interface. Therefore, the ratio of Jay D. Gould's pay to the median employee pay was 57 to one.
Matthew J. Miller, Former Vice President Division President, received a compensation package of $1.6M, which increased by 6% compared to previous year. 41% of the compensation package, or $656K, was in stock awards.
Bruce A. Hausmann, Chief Financial Officer, earned $1.6M in 2019, a 2% increase compared to previous year.
Nigel Stansfield, Vice President Division President, received $1.2M in 2019, which increases by 5% compared to 2018.
David B. Foshee, General Counsel, earned $1.1M in 2019.
Interface's fiscal year ends on January 3.