Matthews International CEO Joseph Bartolacci's 2019 pay rises 5% to $6.9M
Matthews International reports 2019 executive compensation
By ExecPay News
Published: January 21, 2020
Matthews International reported fiscal year 2019 executive compensation information on January 21, 2020.
In 2019, five executives at Matthews International received on average a compensation package of $2.8M, a 27% increase compared to previous year.
Average pay of disclosed executives at Matthews International
Joseph C. Bartolacci, Chief Executive Officer, received $6.9M in total, which increased by 5% compared to 2018. 43% of Bartolacci's compensation, or $3M, was of change in pension value and nonqualified deferred compensation earnings. Bartolacci also received $892K in salary, $2.9M in stock awards, as well as $145K in other compensation.
Steven F. Nicola, Chief Financial Officer, received a compensation package of $3M, which increased by 22% compared to previous year. 55% of the compensation package, or $1.7M, was of change in pension value and nonqualified deferred compensation earnings.
Brian J. Dunn, Executive Vice President, Strategy and Corporate Development, earned $1.7M in 2019, a 29% increase compared to previous year.
Steven D. Gackenbach, Group President, received $1.2M in 2019, which decreases by 2% compared to 2018.
Brian D. Walters, General Counsel, earned $1.2M in 2019, a 4% increase compared to previous year.
Matthews International's fiscal year ends on September 30.
Related executives
Joseph Bartolacci
Matthews International
Chief Executive Officer
Brian Dunn
Matthews International
Executive Vice President, Strategy and Corporate Development
Steven Gackenbach
Matthews International
Group President
Steven Nicola
Matthews International
Chief Financial Officer
Brian Walters
Matthews International
General Counsel
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Source: SEC filing on January 21, 2020.