Key Tronic CEO Craig Gates' 2018 pay falls 34% to $998K
Key Tronic reports 2018 executive compensation
By ExecPay News
Published: September 13, 2018
Key Tronic reported fiscal year 2018 executive compensation information on September 13, 2018.
In 2018, five Key Tronic executives received on average a compensation package of $552K, a 22% decrease compared to previous year.
Average pay of disclosed executives at Key Tronic
Craig D. Gates, Chief Executive Officer, received $998K in total, which decreased by 34% compared to 2017. 62% of Gates' compensation, or $620K, was in salary. Gates also received $225K in non-equity incentive plan, $95K in option awards, as well as $58K in other compensation.
Brett R. Larsen, Chief Financial Officer, received a compensation package of $509K, which decreased by 1% compared to previous year. 68% of the compensation package, or $347K, was in salary.
Douglas G. Burkhardt, Executive Vice President, Operations, earned $455K in 2018, a 17% decrease compared to previous year.
Philip S. Hochberg, Executive Vice President, Business Development, received $448K in 2018, which decreases by 17% compared to 2017.
Duane D. Mackleit, Vice President of Program Management, earned $348K in 2018, a 14% decrease compared to previous year.
Key Tronic's fiscal year ends on June 29.
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Source: SEC filing on September 13, 2018.