NN CEO Harold Bevis receives $6M in 2023
NN reports 2023 executive compensation
By ExecPay News
Published: April 4, 2024
NN reported fiscal year 2023 executive compensation information on April 4, 2024.
In 2023, six NN executives received on average a compensation package of $1.8M, a 83% increase compared to previous year.
Average pay of disclosed executives at NN
Harold C. Bevis, Chief Executive Officer, received $6M in total. 76% of Bevis' compensation, or $4.5M, was in stock awards. Bevis also received $214K in bonus, $621K in non-equity incentive plan, $498K in salary, as well as $106K in other compensation.
Timothy M. French, Chief Operating Officer, received a compensation package of $2.3M. 84% of the compensation package, or $1.9M, was in stock awards.
Michael C. Felcher, Chief Financial Officer, earned $875K in 2023, a 29% increase compared to previous year.
Warren A. Veltman, Chief Executive Officer, received $633K in 2023, which decreases by 74% compared to 2022.
D. Gail Nixon, Chief Human Resources Officer, earned $567K in 2023, a 19% increase compared to previous year.
J. Andrew Wall, Former Senior Vice President and Chief Commercial Officer, received $429K in 2023, which decreases by 36% compared to 2022.
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Source: SEC filing on April 4, 2024.