MKS Instruments CEO Gerald Colella's 2019 pay slips 6% to $9.7M
MKS Instruments reports 2019 executive compensation
By ExecPay News
Published: March 26, 2021
MKS Instruments reported fiscal year 2019 executive compensation information on March 26, 2021.
In 2019, six executives at MKS Instruments received on average a compensation package of $3.6M, a 2% increase compared to previous year.
Average pay of disclosed executives at MKS Instruments
Gerald G. Colella, Chief Executive Officer, received $9.7M in total, which decreased by 6% compared to 2018. 44% of Colella's compensation, or $4.3M, was in stock awards. Colella also received $3.2M of change in pension value and nonqualified deferred compensation earnings, $1.1M in non-equity incentive plan, $1M in salary, as well as $67K in other compensation.
For fiscal year 2019, the median employee pay was $79,505 at MKS Instruments. Therefore, the ratio of Gerald G. Colella's pay to the median employee pay was 122 to one.
Seth H. Bagshaw, Chief Financial Officer, received a compensation package of $3.6M, which increased by 49% compared to previous year. 73% of the compensation package, or $2.7M, was in stock awards.
John T.C. Lee, Chief Executive Officer, earned $2.8M in 2019, a 4% increase compared to previous year.
John T. C. Lee, President, received $2.8M in 2019, which increases by 4% compared to 2018.
Kathleen F. Burke, General Counsel, earned $2M in 2019.
John R. Abrams, Former Sr. Vice President of Global Sales, received $976K in 2019, which decreases by 35% compared to 2018.
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Source: SEC filing on March 26, 2021.