Mayville Engineering Company CEO Robert Kamphuis' 2019 pay jumps 434% to $16M
Mayville Engineering Company reports 2019 executive compensation
By ExecPay News
Published: April 2, 2020
Mayville Engineering Company reported fiscal year 2019 executive compensation information on April 2, 2020.
In 2019, three executives at Mayville Engineering Company received on average a compensation package of $7.7M, a 390% increase compared to previous year.
Robert D. Kamphuis, Chief Executive Officer, received $16M in total, which increased by 434% compared to 2018. 48% of Kamphuis' compensation, or $7.8M, was of change in pension value and nonqualified deferred compensation earnings. Kamphuis also received $201K in bonus, $3.9M in non-equity incentive plan, $945K in option awards, $670K in salary, $2.6M in stock awards, as well as $11K in other compensation.
Todd M. Butz, Chief Financial Officer, received a compensation package of $3.6M, which increased by 267% compared to previous year. 51% of the compensation package, or $1.8M, was in non-equity incentive plan.
Ryan F. Raber, Executive Vice President -Strategy, Sales & Marketing, earned $3.4M in 2019, a 367% increase compared to previous year.