MSA Safety CEO Nishan Vartanian's 2018 pay slips 2% to $2.8M
MSA Safety reports 2018 executive compensation
By ExecPay News
Published: April 8, 2019
MSA Safety reported fiscal year 2018 executive compensation information on April 8, 2019.
In 2018, seven MSA Safety executives received on average a compensation package of $1.5M, a 38% decrease compared to previous year.
Average pay of disclosed executives at MSA Safety
Nishan J. Vartanian, Chief Executive Officer, received $2.8M in total, which decreased by 2% compared to 2017. 35% of Vartanian's compensation, or $975K, was in stock awards. Vartanian also received $378K of change in pension value and nonqualified deferred compensation earnings, $733K in non-equity incentive plan, $665K in salary, as well as $63K in other compensation.
William M. Lambert, Chief Executive Officer, received a compensation package of $1.9M, which decreased by 64% compared to previous year. 56% of the compensation package, or $1.1M, was in stock awards.
Kenneth D. Krause, Chief Financial Officer, earned $1.5M in 2018, a 12% increase compared to previous year.
Steven C. Blanco, Vice President and President MSA Americas, received $1.3M in 2018.
Kerry M. Bove, Former Senior Vice President and Chief Strategy Officer, earned $1.1M in 2018, a 19% decrease compared to previous year.
Bob W. Leenen, Vice President and President MSA International, received $1M in 2018.
Douglas K. McClaine, Chief Legal Officer, earned $1M in 2018, a 29% decrease compared to previous year.
Related executives
Nishan Vartanian
MSA Safety
Chief Executive Officer
Kenneth Krause
MSA Safety
Chief Financial Officer
Steven Blanco
MSA Safety
Vice President and President MSA Americas
Douglas McClaine
MSA Safety
Chief Legal Officer
Bob Leenen
MSA Safety
Vice President and President MSA International
William Lambert
MSA Safety
Chief Executive Officer
Kerry Bove
MSA Safety
Former Senior Vice President and Chief Strategy Officer
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Source: SEC filing on April 8, 2019.