Owens Corning CEO Brian Chambers' 2020 pay jumps 24% to $7.5M
Owens Corning reports 2020 executive compensation
By ExecPay News
Published: March 11, 2021
Owens Corning reported fiscal year 2020 executive compensation information on March 11, 2021.
In 2020, six executives at Owens Corning received on average a compensation package of $2.9M, a 12% increase compared to previous year.
Average pay of disclosed executives at Owens Corning
Brian D. Chambers, Chief Executive Officer, received $7.5M in total, which increased by 24% compared to 2019. 63% of Chambers' compensation, or $4.8M, was in stock awards. Chambers also received $1.6M in non-equity incentive plan, $1.1M in salary, as well as $78K in other compensation.
For fiscal year 2020, the median employee pay was $7,549,789 at Owens Corning. Therefore, the ratio of Brian D. Chambers' pay to the median employee pay was 1 to one.
Kenneth S. Parks, Chief Financial Officer, received a compensation package of $2.6M. 83% of the compensation package, or $2.2M, was in stock awards.
Daniel T. Smith, Executive Vice President, Chief Growth Officer, earned $2.2M in 2020, a 6% increase compared to previous year.
Marcio A. Sandri, President, Composites, received $2.1M in 2020, which increases by 14% compared to 2019.
Gunner S. Smith, President, Roofing, earned $1.9M in 2020.
Prithvi S. Gandhi, Chief Financial Officer, received $1.4M in 2020, which increases by 27% compared to 2019.
Related executives
Brian Chambers
Owens Corning
Chief Executive Officer
Kenneth Parks
Owens Corning
Chief Financial Officer
Daniel Smith
Owens Corning
Executive Vice President, Chief Growth Officer
Marcio Sandri
Owens Corning
President, Composites
Gunner Smith
Owens Corning
President, Roofing
Prithvi Gandhi
Owens Corning
Chief Financial Officer
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Source: SEC filing on March 11, 2021.