Knowles CEO Jeffrey Niew's 2019 pay slips 8% to $4.6M
Knowles reports 2019 executive compensation
By ExecPay News
Published: March 11, 2020
Knowles reported fiscal year 2019 executive compensation information on March 11, 2020.
In 2019, six Knowles executives received on average a compensation package of $1.9M, a 21% decrease compared to previous year.
Average pay of disclosed executives at Knowles
Jeffrey S. Niew, Chief Executive Officer, received $4.6M in total, which decreased by 8% compared to 2018. 56% of Niew's compensation, or $2.6M, was in stock awards. Niew also received $125K of change in pension value and nonqualified deferred compensation earnings, $381K in non-equity incentive plan, $850K in option awards, $650K in salary, as well as $19K in other compensation.
For fiscal year 2019, the median employee pay was $8,338 at Knowles. Therefore, the ratio of Jeffrey S. Niew's pay to the median employee pay was 549 to one.
John S. Anderson, Chief Financial Officer, received a compensation package of $1.7M, which decreased by 5% compared to previous year. 45% of the compensation package, or $750K, was in stock awards.
Christian U. Scherp, President, Performance Audio, earned $1.5M in 2019, a 8% decrease compared to previous year.
Daniel J. Giesecke, Chief Operating Officer, received $1.3M in 2019, which decreases by 7% compared to 2018.
Thomas G. Jackson, General Counsel, earned $1.3M in 2019.
Robert J. Perna, General Counsel, received $1.2M in 2019.
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Source: SEC filing on March 11, 2020.