Mayville Engineering Company Executive Vice President Strategy, Sales & Marketing Ryan Raber's 2022 pay jumps 21% to $1.7M
Mayville Engineering Company reports 2022 executive compensation
By ExecPay News
Published: March 6, 2023
Mayville Engineering Company reported fiscal year 2022 executive compensation information on March 6, 2023.
In 2022, four executives at Mayville Engineering Company received on average a compensation package of $1.5M, a 32% decrease compared to previous year.
Average pay of disclosed executives at Mayville Engineering Company
Ryan F. Raber, Executive Vice President Strategy, Sales & Marketing, received $1.7M in total, which increased by 21% compared to 2021. 27% of Raber's compensation, or $460K, was in salary. Raber also received $390K in bonus, $415K in option awards, $415K in stock awards, as well as $7.7K in other compensation.
Todd M. Butz, Chief Financial Officer, received a compensation package of $1.7M, which increased by 19% compared to previous year. 28% of the compensation package, or $469K, was in bonus.
Robert D. Kamphuis, Chief Executive Officer, earned $1.4M in 2022, a 64% decrease compared to previous year.
Jag A. Reddy, Chief Executive Officer, received $1.3M in 2022.
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Source: SEC filing on March 6, 2023.