Meritor CEO Jeffrey Craig's 2020 pay slips 14% to $6.3M
Meritor reports 2020 executive compensation
By ExecPay News
Published: December 18, 2020
Meritor reported fiscal year 2020 executive compensation information on December 18, 2020.
In 2020, six Meritor executives received on average a compensation package of $2.6M, a 8% decrease compared to previous year.
Average pay of disclosed executives at Meritor
Jeffrey A. Craig, Chief Executive Officer, received $6.3M in total, which decreased by 14% compared to 2019. 79% of Craig's compensation, or $5M, was in stock awards. Craig also received $286K in non-equity incentive plan, $847K in salary, as well as $217K in other compensation.
Carl D. Anderson II, Chief Financial Officer, received a compensation package of $2.3M, which increased by 29% compared to previous year. 70% of the compensation package, or $1.6M, was in stock awards.
Chris Villavarayan, Chief Operating Officer, earned $2.3M in 2020, a 10% decrease compared to previous year.
Joseph A. Plomin, Former Senior Vice President and President Aftermarket Industrial and Trailer, received $2.1M in 2020, which increases by 4% compared to 2019.
Timothy J. Heffron, Senior Vice President, Human Resources and Chief Information Officer, earned $1.7M in 2020, a 5% increase compared to previous year.
Hannah S. Lim-Johnson, Chief Legal Officer, received $746K in 2020.
Meritor's fiscal year ends on September 30.
Related executives
Jeffrey Craig
Meritor
Chairman
Carl Anderson
Meritor
Chief Financial Officer
Chris Villavarayan
Meritor
Chief Executive Officer
Timothy Heffron
Meritor
Senior Vice President, Human Resources and Chief Information Officer
Hannah Lim-Johnson
Meritor
Chief Legal Officer
Joseph Plomin
Meritor
Former Senior Vice President and President Aftermarket Industrial and Trailer
You may also like
Source: SEC filing on December 18, 2020.