Masco CEO Keith Allman's 2018 pay rises 1% to $12M
Masco reports 2018 executive compensation
By ExecPay News
Published: March 29, 2019
Masco reported fiscal year 2018 executive compensation information on March 29, 2019.
In 2018, five Masco executives received on average a compensation package of $4.5M, a 1% increase compared to previous year.
Average pay of disclosed executives at Masco
Keith J. Allman, Chief Executive Officer, received $12M in total, which increased by 1% compared to 2017. 36% of Allman's compensation, or $4.2M, was in non-equity incentive plan. Allman also received $2.1M in option awards, $1.2M in salary, $3.8M in stock awards, as well as $320K in other compensation.
For fiscal year 2018, the median employee pay was $38,769 at Masco. Therefore, the ratio of Keith J. Allman's pay to the median employee pay was 300 to one.
John G. Sznewajs, Chief Financial Officer, received a compensation package of $3.6M, which decreased by 14% compared to previous year. 35% of the compensation package, or $1.2M, was in non-equity incentive plan.
Richard A. O'Reagan, Group President, earned $2.7M in 2018, a 1% decrease compared to previous year.
Jai Shah, Group President, received $2.4M in 2018.
Kenneth G. Cole, General Counsel, earned $2.1M in 2018, which is about the same as previous year.
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Source: SEC filing on March 29, 2019.