Kennametal CEO Christopher Rossi's 2019 pay slips 4% to $5.4M
Kennametal reports 2019 executive compensation
By ExecPay News
Published: September 16, 2019
Kennametal reported fiscal year 2019 executive compensation information on September 16, 2019.
In 2019, eight Kennametal executives received on average a compensation package of $2.4M, a 4% increase compared to previous year.
Average pay of disclosed executives at Kennametal
Christopher Rossi, Chief Executive Officer, received $5.4M in total, which decreased by 4% compared to 2018. 59% of Rossi's compensation, or $3.2M, was in stock awards. Rossi also received $966K in non-equity incentive plan, $889K in salary, as well as $348K in other compensation.
For fiscal year 2019, the median employee pay was $54,869 at Kennametal. Therefore, the ratio of Christopher Rossi's pay to the median employee pay was 99 to one.
Damon Audia, Chief Financial Officer, received a compensation package of $5.3M. 84% of the compensation package, or $4.4M, was in stock awards.
Peter A. Dragich, Vice President and President Industrial Business Segment, earned $2.2M in 2019, a 1% increase compared to previous year.
Ronald L. Port, Vice President and President Infrastructure Business Segment, received $1.5M in 2019, which increases by 17% compared to 2018.
Metal Cutting Ronald L. Port, Vice President and Chief Commercial Officer,, earned $1.5M in 2019, a 17% increase compared to previous year.
Jan Kees van Gaalen, Chief Financial Officer, received $1.2M in 2019, which decreases by 55% compared to 2018.
Judith L. Bacchus, Chief Administrative Officer, earned $1.1M in 2019.
Metal Cutting Judith L. Bacchus, Chief Administrative Officer, received $1.1M in 2019.
Kennametal's fiscal year ends on June 30.
Related executives
Christopher Rossi
Kennametal
Chief Executive Officer
Damon Audia
Kennametal
Chief Financial Officer
Peter Dragich
Kennametal
Former Vice President and Chief Operations Officer,
Ronald Port
Kennametal
Vice President and President Infrastructure Business Segment
Judith Bacchus
Kennametal
Chief Administrative Officer
Jan van Gaalen
Kennametal
Chief Financial Officer
Metal Port
Kennametal
Vice President and Chief Commercial Officer,
Metal Bacchus
Kennametal
Chief Administrative Officer
You may also like
Source: SEC filing on September 16, 2019.