KAR Auction Services CEO Jim Hallett's 2018 pay rises 6% to $6.1M
KAR Auction Services reports 2018 executive compensation
By ExecPay News
Published: April 24, 2019
KAR Auction Services reported fiscal year 2018 executive compensation information on April 24, 2019.
In 2018, five executives at KAR Auction Services received on average a compensation package of $2.9M, a 8% increase compared to previous year.
Average pay of disclosed executives at KAR Auction Services
Jim Hallett, Chief Executive Officer, received $6.1M in total, which increased by 6% compared to 2017. 64% of Hallett's compensation, or $3.9M, was in stock awards. Hallett also received $1.2M in non-equity incentive plan, $975K in salary, as well as $44K in other compensation.
For fiscal year 2018, the median employee pay was $35,420 at KAR Auction Services. Therefore, the ratio of Jim Hallett's pay to the median employee pay was 173 to one.
John Hammer, President of ADESA, received a compensation package of $2.5M. 46% of the compensation package, or $1.1M, was in stock awards.
Don Gottwald, Chief Strategy Officer and President of Digital, Data and Mobility Solutions, earned $2.2M in 2018, a 4% decrease compared to previous year.
Eric Loughmiller, Chief Financial Officer, received $1.9M in 2018, which increases by 6% compared to 2017.
Becca Polak, Chief Legal Officer, earned $1.8M in 2018, a 4% increase compared to previous year.
Related executives
Jim Hallett
KAR Auction Services
Chairman
Eric Loughmiller
KAR Auction Services
Chief Financial Officer
John Hammer
KAR Auction Services
Chief Commercial Officer for KAR and President of ADESA
Don Gottwald
KAR Auction Services
Former Chief Strategy Officer and President of Digital, Data and Mobility Solutions
Becca Polak
KAR Auction Services
Chief Legal Officer
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Source: SEC filing on April 24, 2019.