Key Tronic CEO Craig Gates' 2023 pay rises 9% to $1.5M
Key Tronic reports 2023 executive compensation
By ExecPay News
Published: September 29, 2023
Key Tronic reported fiscal year 2023 executive compensation information on September 29, 2023.
In 2023, three Key Tronic executives received on average a compensation package of $924K, a 10% increase compared to previous year.
Average pay of disclosed executives at Key Tronic
Craig D. Gates, Chief Executive Officer, received $1.5M in total, which increased by 9% compared to 2022. 60% of Gates' compensation, or $905K, was in salary. Gates also received $543K in non-equity incentive plan, $52K in option awards, as well as $12K in other compensation.
Brett R. Larsen, Chief Financial Officer, received a compensation package of $712K, which increased by 12% compared to previous year. 67% of the compensation package, or $476K, was in salary.
Philip S. Hochberg, Executive Vice President, Business Development, earned $547K in 2023, a 10% increase compared to previous year.
Key Tronic's fiscal year ends on June 29.
Related executives
You may also like
Source: SEC filing on September 29, 2023.