JELD-WEN Holding CEO Gary Michel's 2019 pay falls 37% to $5.5M
JELD-WEN Holding reports 2019 executive compensation
By ExecPay News
Published: March 27, 2020
JELD-WEN Holding reported fiscal year 2019 executive compensation information on March 27, 2020.
In 2019, five executives at JELD-WEN Holding received on average a compensation package of $2.8M, a 35% decrease compared to previous year.
Gary S. Michel, Chief Executive Officer, received $5.5M in total, which decreased by 37% compared to 2018. 55% of Michel's compensation, or $3M, was in stock awards. Michel also received $655K in non-equity incentive plan, $887K in option awards, $867K in salary, as well as $41K in other compensation.
Peter Farmakis, EVP & President, Australia, received a compensation package of $4M, which increased by 231% compared to previous year. 81% of the compensation package, or $3.2M, was in stock awards.
John Linker, Chief Financial Officer, earned $1.9M in 2019, a 24% decrease compared to previous year.
Laura Doerre, General Counsel, received $1.4M in 2019, which decreases by 3% compared to 2018.
Timothy R. Craven, EVP, Human Resources, earned $1.2M in 2019.