Martin Marietta Materials CEO C Nye's 2018 pay slips 5% to $8.5M
Martin Marietta Materials reports 2018 executive compensation
By ExecPay News
Published: April 10, 2019
Martin Marietta Materials reported fiscal year 2018 executive compensation information on April 10, 2019.
In 2018, five executives at Martin Marietta Materials received on average a compensation package of $3.4M, a 6% decrease compared to previous year.
Average pay of disclosed executives at Martin Marietta Materials
C. Howard Nye, Chief Executive Officer, received $8.5M in total, which decreased by 5% compared to 2017. 59% of Nye's compensation, or $5M, was in stock awards. Nye also received $1.2M of change in pension value and nonqualified deferred compensation earnings, $1.1M in non-equity incentive plan, $1.1M in salary, as well as $110K in other compensation.
For fiscal year 2018, the median employee pay was $71,335 at Martin Marietta Materials. Therefore, the ratio of C. Howard Nye's pay to the median employee pay was 120 to one.
Roselyn R. Bar, General Counsel, received a compensation package of $3.1M, which decreased by 12% compared to previous year. 35% of the compensation package, or $1.1M, was in stock awards.
James A.J. Nickolas, Chief Financial Officer, earned $2M in 2018, a 19% increase compared to previous year.
Donald A. McCunniff, Senior Vice President, Human Resources, received $1.8M in 2018, which decreases by 16% compared to 2017.
Daniel L. Grant, Senior Vice President, Strategy & Development, earned $1.4M in 2018, a 21% decrease compared to previous year.
Related executives
C Nye
Martin Marietta Materials
Chief Executive Officer
James Nickolas
Martin Marietta Materials
Chief Financial Officer
Roselyn Bar
Martin Marietta Materials
General Counsel
Donald McCunniff
Martin Marietta Materials
Senior Vice President, Human Resources
Daniel Grant
Martin Marietta Materials
Senior Vice President, Strategy & Development
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Source: SEC filing on April 10, 2019.