KEMET CFO William Executive's 2019 pay jumps 78% to $3.6M
KEMET reports 2019 executive compensation
By ExecPay News
Published: June 18, 2019
KEMET reported fiscal year 2019 executive compensation information on June 18, 2019.
In 2019, six KEMET executives received on average a compensation package of $2.5M, a 12% decrease compared to previous year.
William M. Lowe, Jr. Chief Executive, Chief Financial Officer, received $3.6M in total, which increased by 78% compared to 2018. 42% of Executive's compensation, or $1.5M, was in non-equity incentive plan. Executive also received $326K in bonus, $611K in salary, $1.1M in stock awards, as well as $53K in other compensation.
Gregory C. Thompson, Chief Financial Officer, received a compensation package of $3.1M. 67% of the compensation package, or $2M, was in stock awards.
Claudio Lollini, Senior Vice President, Global Sales and Marketing, earned $2.9M in 2019.
Stefano Vetralla, Chief Human Resources Officer, received $2.8M in 2019.
Charles C. Meeks, Jr, Executive Vice President, Solid Capacitors -Tantalum, earned $1.7M in 2019, a 5% increase compared to previous year.
Per-Olof Loof, Chief Executive Officer, received $689K in 2019, which decreases by 90% compared to 2018.
KEMET's fiscal year ends on March 31.
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