Meredith CEO Thomas Harty's 2021 pay rises 9% to $7.9M
Meredith reports 2021 executive compensation
By ExecPay News
Published: October 27, 2021
Meredith reported fiscal year 2021 executive compensation information on October 27, 2021.
In 2021, five Meredith executives received on average a compensation package of $3.8M, a 7% decrease compared to previous year.
Average pay of disclosed executives at Meredith
Thomas H. Harty, Chief Executive Officer, received $7.9M in total, which increased by 9% compared to 2020. 30% of Harty's compensation, or $2.3M, was in non-equity incentive plan. Harty also received $900K of change in pension value and nonqualified deferred compensation earnings, $1.2M in option awards, $951K in salary, $1.8M in stock awards, as well as $656K in other compensation.
For fiscal year 2021, the median employee pay was $80,720 at Meredith. Therefore, the ratio of Thomas H. Harty's pay to the median employee pay was 97 to one.
John S. Zieser, General Counsel, received a compensation package of $3.4M, which decreased by 21% compared to previous year. 40% of the compensation package, or $1.3M, was in non-equity incentive plan.
Patrick J. McCreery, President - Local Media Group, earned $3M in 2021, a 27% increase compared to previous year.
Jason M. Frierott, Chief Financial Officer, received $2.7M in 2021, which increases by 60% compared to 2020.
Catherine A. Levene, President - National Media Group, earned $2.1M in 2021.
Meredith's fiscal year ends on June 30.
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Source: SEC filing on October 27, 2021.