Masco CEO Keith Allman's 2021 pay slips 4% to $13M
Masco reports 2021 executive compensation
By ExecPay News
Published: March 25, 2022
Masco reported fiscal year 2021 executive compensation information on March 25, 2022.
In 2021, five Masco executives received on average a compensation package of $5.2M, a 8% decrease compared to previous year.
Average pay of disclosed executives at Masco
Keith J. Allman, Chief Executive Officer, received $13M in total, which decreased by 4% compared to 2020. 45% of Allman's compensation, or $6M, was in stock awards. Allman also received $3.3M in non-equity incentive plan, $2.2M in option awards, $1.3M in salary, as well as $594K in other compensation.
For fiscal year 2021, the median employee pay was $50,305 at Masco. Therefore, the ratio of Keith J. Allman's pay to the median employee pay was 267 to one.
John G. Sznewajs, Chief Financial Officer, received a compensation package of $4.1M, which decreased by 24% compared to previous year. 38% of the compensation package, or $1.6M, was in stock awards.
Richard A. O'Reagan, Group President, earned $3.3M in 2021, a 2% decrease compared to previous year.
Jai Shah, Group President, received $3M in 2021, which decreases by 3% compared to 2020.
Kenneth G. Cole, General Counsel, earned $2.4M in 2021, a 5% decrease compared to previous year.
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Source: SEC filing on March 25, 2022.