MKS Instruments CEO John Lee's 2020 pay jumps 122% to $6.1M
MKS Instruments reports 2020 executive compensation
By ExecPay News
Published: March 26, 2021
MKS Instruments reported fiscal year 2020 executive compensation information on March 26, 2021.
In 2020, five executives at MKS Instruments received on average a compensation package of $2.7M, a 26% decrease compared to previous year.
Average pay of disclosed executives at MKS Instruments
John T.C. Lee, Chief Executive Officer, received $6.1M in total, which increased by 122% compared to 2019. 53% of Lee's compensation, or $3.3M, was in stock awards. Lee also received $31K in bonus, $1.9M in non-equity incentive plan, $850K in salary, as well as $78K in other compensation.
Seth H. Bagshaw, Chief Financial Officer, received a compensation package of $3.3M, which decreased by 8% compared to previous year. 52% of the compensation package, or $1.7M, was in stock awards.
Kathleen F. Burke, General Counsel, earned $2M in 2020, a 1% decrease compared to previous year.
James A. Schreiner, Chief Operating Officer, received $1.5M in 2020.
Gerald G. Colella, Chief Executive Officer, earned $424K in 2020, a 96% decrease compared to previous year.
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Source: SEC filing on March 26, 2021.