nVent Electric plc CEO Beth Wozniak's 2020 pay rises 5% to $6.3M
nVent Electric plc reports 2020 executive compensation
By ExecPay News
Published: March 30, 2021
nVent Electric plc reported fiscal year 2020 executive compensation information on March 30, 2021.
In 2020, five executives at nVent Electric plc received on average a compensation package of $2.4M, a 10% increase compared to previous year.
Average pay of disclosed executives at nVent Electric plc
Beth A. Wozniak, Chief Executive Officer, received $6.3M in total, which increased by 5% compared to 2019. 53% of Wozniak's compensation, or $3.4M, was in stock awards. Wozniak also received $218K in bonus, $535K of change in pension value and nonqualified deferred compensation earnings, $227K in non-equity incentive plan, $1.1M in option awards, $788K in salary, as well as $55K in other compensation.
For fiscal year 2020, the median employee pay was $45,338 at nVent Electric plc. Therefore, the ratio of Beth A. Wozniak's pay to the median employee pay was 139 to one.
Sara E. Zawoyski, Chief Financial Officer, received a compensation package of $1.8M, which increased by 136% compared to previous year. 51% of the compensation package, or $938K, was in stock awards.
Jon D. Lammers, General Counsel, earned $1.4M in 2020, a 22% decrease compared to previous year.
Joseph A. Ruzynski, President of Enclosures, received $1.3M in 2020, which increases by 8% compared to 2019.
Lynnette R. Heath, Chief Human Resources Officer, earned $1.1M in 2020, a 1% decrease compared to previous year.
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Source: SEC filing on March 30, 2021.