MKS Instruments CEO John Lee's 2021 pay jumps 25% to $7.6M
MKS Instruments reports 2021 executive compensation
By ExecPay News
Published: March 31, 2022
MKS Instruments reported fiscal year 2021 executive compensation information on March 31, 2022.
In 2021, five executives at MKS Instruments received on average a compensation package of $3.4M, a 26% increase compared to previous year.
John T.C. Lee, Chief Executive Officer, received $7.6M in total, which increased by 25% compared to 2020. 59% of Lee's compensation, or $4.5M, was in stock awards. Lee also received $2.2M in non-equity incentive plan, $909K in salary, as well as $31K in other compensation.
Seth H. Bagshaw, Chief Financial Officer, received a compensation package of $3.6M, which increased by 7% compared to previous year. 51% of the compensation package, or $1.8M, was in stock awards.
Kathleen F. Burke, General Counsel, earned $2.3M in 2021, a 15% increase compared to previous year.
James A. Schreiner, Chief Operating Officer, received $1.8M in 2021, which increases by 19% compared to 2020.
Mark M. Gitin, Sr. Vice President, General Manager of Light & Motion Division, earned $1.6M in 2021.