Invacare CEO Matthew Monaghan's 2019 pay jumps 57% to $8.3M
Invacare reports 2019 executive compensation
By ExecPay News
Published: April 13, 2020
Invacare reported fiscal year 2019 executive compensation information on April 13, 2020.
In 2019, five Invacare executives received on average a compensation package of $2.9M, a 86% increase compared to previous year.
Matthew E. Monaghan, Chief Executive Officer, received $8.3M in total, which increased by 57% compared to 2018. 77% of Monaghan's compensation, or $6.5M, was in stock awards. Monaghan also received $1M in non-equity incentive plan, $835K in salary, as well as $44K in other compensation.
For fiscal year 2019, the median employee pay was $45,440 at Invacare. Therefore, the ratio of Matthew E. Monaghan's pay to the median employee pay was 184 to one.
Kathleen P. Leneghan, Chief Financial Officer, received a compensation package of $2.4M, which increased by 104% compared to previous year. 70% of the compensation package, or $1.7M, was in stock awards.
Anthony C. LaPlaca, General Counsel, earned $1.4M in 2019, a 69% increase compared to previous year.
Ralf A. Ledda, Senior Vice President and General Manager EMEA, received $1.2M in 2019, which increases by 42% compared to 2018.
Darcie L. Karol, Senior Vice President, Human Resources, earned $1.1M in 2019, a 229% increase compared to previous year.