Kadant CEO Jeffrey Powell's 2019 pay jumps 53% to $2.8M
Kadant reports 2019 executive compensation
By ExecPay News
Published: March 26, 2020
Kadant reported fiscal year 2019 executive compensation information on March 26, 2020.
In 2019, six Kadant executives received on average a compensation package of $1.6M, a 16% decrease compared to previous year.
Average pay of disclosed executives at Kadant
Jeffrey L. Powell, Chief Executive Officer, received $2.8M in total, which increased by 53% compared to 2018. 47% of Powell's compensation, or $1.3M, was in stock awards. Powell also received $879K in non-equity incentive plan, $567K in salary, as well as $14K in other compensation.
Jonathan W. Painter, Chief Executive Officer, received a compensation package of $2.5M, which decreased by 45% compared to previous year. 52% of the compensation package, or $1.3M, was in non-equity incentive plan.
Eric T. Langevin, Chief Operating Officer, earned $1.4M in 2019, a 16% decrease compared to previous year.
Michael J. McKenney, Chief Financial Officer, received $1.3M in 2019, which decreases by 10% compared to 2018.
Stacy D. Krause, General Counsel, earned $782K in 2019, a 18% increase compared to previous year.
Peter J. Flynn, Vice President, received $582K in 2019.
Kadant's fiscal year ends on January 1.
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Source: SEC filing on March 26, 2020.