MSA Safety CEO Nishan Vartanian's 2020 pay rises 14% to $7.6M

MSA Safety reports 2020 executive compensation

By ExecPay News

Published: April 9, 2021

MSA Safety reported fiscal year 2020 executive compensation information on April 9, 2021.
In 2020, five MSA Safety executives received on average a compensation package of $2.7M, a 3% increase compared to previous year.
Average pay of disclosed executives at MSA Safety
Nishan J. Vartanian, Chief Executive Officer, received $7.6M in total, which increased by 14% compared to 2019. 46% of Vartanian's compensation, or $3.5M, was in stock awards. Vartanian also received $2.5M of change in pension value and nonqualified deferred compensation earnings, $678K in non-equity incentive plan, $875K in salary, as well as $106K in other compensation.
For fiscal year 2020, the median employee pay was $58,833 at MSA Safety. Therefore, the ratio of Nishan J. Vartanian's pay to the median employee pay was 129 to one.
Kenneth D. Krause, Chief Financial Officer, received a compensation package of $2.1M, which increased by 8% compared to previous year. 40% of the compensation package, or $837K, was in stock awards.
Steven C. Blanco, Vice President and President MSA Americas, earned $1.6M in 2020, a 5% increase compared to previous year.
Bob W. Leenen, Vice President and President MSA International, received $1.3M in 2020, which increases by 27% compared to 2019.
Stephanie L. Sciullo, Chief Legal Officer, earned $1.1M in 2020.

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

Bob Leenen

MSA Safety

Vice President and President MSA International

Stephanie Sciullo

MSA Safety

Chief Legal Officer

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Source: SEC filing on April 9, 2021.