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.
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Source: SEC filing on April 9, 2021.