Manitex International COO Steve Kiefer's 2018 pay jumps 55% to $550K
Manitex International reports 2018 executive compensation
By ExecPay News
Published: April 30, 2019
Manitex International reported fiscal year 2018 executive compensation information on April 30, 2019.
In 2018, five executives at Manitex International received on average a compensation package of $388K, a 9% increase compared to previous year.
Average pay of disclosed executives at Manitex International
Steve Kiefer, Chief Operating Officer, received $550K in total, which increased by 55% compared to 2017. 47% of Kiefer's compensation, or $257K, was in salary. Kiefer also received $250K in bonus, $12K in stock awards, as well as $30K in other compensation.
For fiscal year 2018, the median employee pay was $35,352 at Manitex International. Therefore, the ratio of Steve Kiefer's pay to the median employee pay was 16 to one.
David J. Langevin, Chief Executive Officer, received a compensation package of $495K, which is about the same as previous year. 88% of the compensation package, or $434K, was in salary.
Michael Schneider, Chief Financial Officer, earned $314K in 2018, a 1% decrease compared to previous year.
Sherman Jung, Secretary, received $295K in 2018.
Laura R. Yu, Chief Financial Officer, earned $284K in 2018.
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Source: SEC filing on April 30, 2019.