MSC CEO Erik Gershwind's 2022 pay jumps 25% to $6.5M
MSC reports 2022 executive compensation
By ExecPay News
Published: December 15, 2022
MSC reported fiscal year 2022 executive compensation information on December 15, 2022.
In 2022, five MSC executives received on average a compensation package of $2.3M, a 23% increase compared to previous year.
Average pay of disclosed executives at MSC
Erik Gershwind, Chief Executive Officer, received $6.5M in total, which increased by 25% compared to 2021. 50% of Gershwind's compensation, or $3.2M, was in stock awards. Gershwind also received $2.4M in non-equity incentive plan, $816K in salary, as well as $25K in other compensation.
Kristen Actis-Grande, Chief Financial Officer, received a compensation package of $1.7M, which increased by 8% compared to previous year. 38% of the compensation package, or $650K, was in stock awards.
Douglas E. Jones, Executive Vice President and Chief Supply Chain Officer, earned $1.4M in 2022, a 19% increase compared to previous year.
Elizabeth Bledsoe, Senior Vice President and Chief People Officer, received $996K in 2022.
Steven Baruch, Executive Vice President and Chief Strategy & Marketing Officer, earned $835K in 2022.
MSC's fiscal year ends on September 3.
Related executives
Erik Gershwind
MSC
Chief Executive Officer
Kristen Actis-Grande
MSC
Chief Financial Officer
Douglas Jones
MSC
Executive Vice President and Chief Supply Chain Officer
Elizabeth Bledsoe
MSC
Senior Vice President and Chief People Officer
Steven Baruch
MSC
Executive Vice President and Chief Strategy & Marketing Officer
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Source: SEC filing on December 15, 2022.