Miller Herman CEO Andi Owen's 2020 pay rises 11% to $4.7M
Miller Herman reports 2020 executive compensation
By ExecPay News
Published: September 1, 2020
Miller Herman reported fiscal year 2020 executive compensation information on September 1, 2020.
In 2020, five executives at Miller Herman received on average a compensation package of $2.2M, a 3% increase compared to previous year.
Average pay of disclosed executives at Miller Herman
Andi R. Owen, Chief Executive Officer, received $4.7M in total, which increased by 11% compared to 2019. 59% of Owen's compensation, or $2.7M, was in stock awards. Owen also received $790K in non-equity incentive plan, $992K in salary, as well as $126K in other compensation.
For fiscal year 2020, the median employee pay was $52,819 at Miller Herman. Therefore, the ratio of Andi R. Owen's pay to the median employee pay was 88 to one.
Gregory J. Bylsma, President, North America Global Operations, received a compensation package of $1.7M, which increased by 2% compared to previous year. 49% of the compensation package, or $824K, was in stock awards.
Jeffrey M. Stutz, Chief Financial Officer, earned $1.5M in 2020, a 3% decrease compared to previous year.
B. Ben Watson, Chief Creative Officer, received $1.5M in 2020, which increases by 2% compared to 2019.
Megan Lyon, Chief Strategy Officer, earned $1.4M in 2020.
Miller Herman's fiscal year ends on May 28.
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Source: SEC filing on September 1, 2020.