Owens Corning CEO Brian Chambers' 2021 pay jumps 30% to $9.8M
Owens Corning reports 2021 executive compensation
By ExecPay News
Published: March 10, 2022
Owens Corning reported fiscal year 2021 executive compensation information on March 10, 2022.
In 2021, five executives at Owens Corning received on average a compensation package of $4.3M, a 45% increase compared to previous year.
Average pay of disclosed executives at Owens Corning
Brian D. Chambers, Chief Executive Officer, received $9.8M in total, which increased by 30% compared to 2020. 58% of Chambers' compensation, or $5.7M, was in stock awards. Chambers also received $2.8M in non-equity incentive plan, $1.2M in salary, as well as $126K in other compensation.
For fiscal year 2021, the median employee pay was $9,782,143 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 $3.6M, which increased by 37% compared to previous year. 53% of the compensation package, or $1.9M, was in stock awards.
Gina A. Beredo, General Counsel, earned $2.8M in 2021.
Daniel T. Smith, Executive Vice President, Chief Growth Officer, received $2.6M in 2021, which increases by 17% compared to 2020.
Marcio A. Sandri, President, Composites, earned $2.6M in 2021, a 25% increase compared to previous year.
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Source: SEC filing on March 10, 2022.