KAR Auction Services CEO Jim Hallett's 2019 pay slips 10% to $5.5M
KAR Auction Services reports 2019 executive compensation
By ExecPay News
Published: April 23, 2020
KAR Auction Services reported fiscal year 2019 executive compensation information on April 23, 2020.
In 2019, six executives at KAR Auction Services received on average a compensation package of $2.8M, a 4% decrease compared to previous year.
Average pay of disclosed executives at KAR Auction Services
Jim Hallett, Chief Executive Officer, received $5.5M in total, which decreased by 10% compared to 2018. 71% of Hallett's compensation, or $3.9M, was in stock awards. Hallett also received $609K in non-equity incentive plan, $975K in salary, as well as $45K in other compensation.
For fiscal year 2019, the median employee pay was $33,017 at KAR Auction Services. Therefore, the ratio of Jim Hallett's pay to the median employee pay was 167 to one.
Becca Polak, Chief Legal Officer, received a compensation package of $3M, which increased by 67% compared to previous year. 51% of the compensation package, or $1.6M, was in other compensation.
Eric Loughmiller, Chief Financial Officer, earned $2.2M in 2019, a 14% increase compared to previous year.
Peter Kelly, President, received $2.2M in 2019.
John Hammer, Chief Commercial Officer for KAR and President of ADESA, earned $2.2M in 2019, a 11% decrease compared to previous year.
Don Gottwald, Former Chief Strategy Officer and President of Digital, Data and Mobility Solutions, received $1.6M in 2019, which decreases by 29% compared to 2018.
Related executives
Jim Hallett
KAR Auction Services
Chairman
Eric Loughmiller
KAR Auction Services
Chief Financial Officer
Peter Kelly
KAR Auction Services
Chief Executive 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 23, 2020.