Lennox International CEO Todd Bluedorn's 2021 pay falls 65% to $5M
Lennox International reports 2021 executive compensation
By ExecPay News
Published: April 7, 2022
Lennox International reported fiscal year 2021 executive compensation information on April 7, 2022.
In 2021, five executives at Lennox International received on average a compensation package of $3.7M, a 36% decrease compared to previous year.
Average pay of disclosed executives at Lennox International
Todd M. Bluedorn, Chief Executive Officer, received $5M in total, which decreased by 65% compared to 2020. 63% of Bluedorn's compensation, or $3.2M, was in non-equity incentive plan. Bluedorn also received $578K of change in pension value and nonqualified deferred compensation earnings, $1.2M in salary, as well as $48K in other compensation.
For fiscal year 2021, the median employee pay was $61,371 at Lennox International. Therefore, the ratio of Todd M. Bluedorn's pay to the median employee pay was 82 to one.
Joseph W. Reitmeier, Chief Financial Officer, received a compensation package of $3.7M, which increased by 10% compared to previous year. 38% of the compensation package, or $1.4M, was in stock awards.
Daniel M. Sessa, Chief Human Resources Officer, earned $3.3M in 2021, a 15% decrease compared to previous year.
John D. Torres, Chief Legal Officer, received $3.3M in 2021, which increases by 2% compared to 2020.
Douglas L. Young, Chief Operating Officer, earned $2.9M in 2021, a 20% decrease compared to previous year.
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Source: SEC filing on April 7, 2022.