NN CEO Richard Holder's 2018 pay jumps 21% to $4.1M
NN reports 2018 executive compensation
By ExecPay News
Published: April 8, 2019
NN reported fiscal year 2018 executive compensation information on April 8, 2019.
In 2018, six NN executives received on average a compensation package of $1.4M, a 18% decrease compared to previous year.
Richard D. Holder, Chief Executive Officer, received $4.1M in total, which increased by 21% compared to 2017. 56% of Holder's compensation, or $2.3M, was in stock awards. Holder also received $942K in salary and $856K in other compensation.
For fiscal year 2018, the median employee pay was $29,546 at NN. Therefore, the ratio of Richard D. Holder's pay to the median employee pay was 137 to one.
Thomas C. Burwell, Chief Financial Officer, received a compensation package of $1.3M, which increased by 34% compared to previous year. 48% of the compensation package, or $608K, was in other compensation.
J. Robbie Atkinson, Executive Vice President Life Sciences, earned $999K in 2018.
D. Gail Nixon, Chief Human Resources Officer, received $763K in 2018.
Warren A. Veltman, Executive Vice President Mobile Solutions, earned $680K in 2018, a 20% decrease compared to previous year.
Matthew S. Heiter, General Counsel, received $657K in 2018.