JELD-WEN Holding CEO Gary Michel's 2021 pay slips 10% to $7.5M
JELD-WEN Holding reports 2021 executive compensation
By ExecPay News
Published: March 18, 2022
JELD-WEN Holding reported fiscal year 2021 executive compensation information on March 18, 2022.
In 2021, five executives at JELD-WEN Holding received on average a compensation package of $2.9M, a 20% decrease compared to previous year.
Average pay of disclosed executives at JELD-WEN Holding
Gary S. Michel, Chief Executive Officer, received $7.5M in total, which decreased by 10% compared to 2020. 57% of Michel's compensation, or $4.3M, was in stock awards. Michel also received $2.1M in option awards, $1.1M in salary, as well as $25K in other compensation.
For fiscal year 2021, the median employee pay was $54,078 at JELD-WEN Holding. Therefore, the ratio of Gary S. Michel's pay to the median employee pay was 139 to one.
Roya Behnia, General Counsel, received a compensation package of $2M, which decreased by 43% compared to previous year. 33% of the compensation package, or $643K, was in stock awards.
Daniel J. Castillo, EVP & President, North America, earned $1.9M in 2021, a 33% decrease compared to previous year.
John Linker, Chief Financial Officer, received $1.7M in 2021, which decreases by 18% compared to 2020.
David R. Guernsey, EVP & President, Europe, earned $1.6M in 2021.
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Source: SEC filing on March 18, 2022.