Mueller Industries CEO Gregory Christopher's 2019 pay rises 10% to $8.1M
Mueller Industries reports 2019 executive compensation
By ExecPay News
Published: April 2, 2020
Mueller Industries reported fiscal year 2019 executive compensation information on April 2, 2020.
In 2019, five executives at Mueller Industries received on average a compensation package of $2.7M, a 4% increase compared to previous year.
Average pay of disclosed executives at Mueller Industries
Gregory L. Christopher, Chief Executive Officer, received $8.1M in total, which increased by 10% compared to 2018. 52% of Christopher's compensation, or $4.2M, was in stock awards. Christopher also received $2M in non-equity incentive plan, $1.3M in salary, as well as $615K in other compensation.
For fiscal year 2019, the median employee pay was $36,709 at Mueller Industries. Therefore, the ratio of Gregory L. Christopher's pay to the median employee pay was 220 to one.
Nicholas W. Moss, President – B&K LLC, received a compensation package of $1.7M, which increased by 6% compared to previous year. 32% of the compensation package, or $545K, was in stock awards.
Jeffrey A. Martin, Chief Financial Officer, earned $1.5M in 2019, a 8% increase compared to previous year.
Steffen Sigloch, Chief Manufacturing Officer, received $1.5M in 2019, which decreases by 12% compared to 2018.
Gary Westermeyer, President – Refrigeration, earned $808K in 2019.
Mueller Industries' fiscal year ends on December 25.
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Source: SEC filing on April 2, 2020.