JELD-WEN Holding CEO Gary Michel's 2020 pay jumps 53% to $8.4M
JELD-WEN Holding reports 2020 executive compensation
By ExecPay News
Published: March 18, 2021
JELD-WEN Holding reported fiscal year 2020 executive compensation information on March 18, 2021.
In 2020, five executives at JELD-WEN Holding received on average a compensation package of $3.7M, a 31% increase compared to previous year.
Gary S. Michel, Chief Executive Officer, received $8.4M in total, which increased by 53% compared to 2019. 52% of Michel's compensation, or $4.4M, was in stock awards. Michel also received $1.7M in non-equity incentive plan, $1.4M in option awards, $923K in salary, as well as $24K in other compensation.
For fiscal year 2020, the median employee pay was $54,778 at JELD-WEN Holding. Therefore, the ratio of Gary S. Michel's pay to the median employee pay was 153 to one.
Roya Behnia, General Counsel, received a compensation package of $3.4M. 58% of the compensation package, or $2M, was in stock awards.
Daniel J. Castillo, EVP & President, North America, earned $2.8M in 2020.
John Linker, Chief Financial Officer, received $2.1M in 2020, which increases by 14% compared to 2019.
Timothy R. Craven, EVP, Human Resources, earned $1.6M in 2020, a 37% increase compared to previous year.