Pactiv Evergreen CEO Michael King receives $6.5M in 2021
Pactiv Evergreen reports 2021 executive compensation
By ExecPay News
Published: April 27, 2022
Pactiv Evergreen reported fiscal year 2021 executive compensation information on April 27, 2022.
In 2021, seven executives at Pactiv Evergreen received on average a compensation package of $3.6M, a 5% decrease compared to previous year.
Average pay of disclosed executives at Pactiv Evergreen
Michael J. King, Chief Executive Officer, received $6.5M in total. 78% of King's compensation, or $5.1M, was in stock awards. King also received $448K in bonus, $950K in salary, as well as $56K in other compensation.
John McGrath, Chief Executive Officer, received a compensation package of $6.1M, which decreased by 30% compared to previous year. 73% of the compensation package, or $4.5M, was in other compensation.
John P. Rooney, Former President, Merchandising, earned $4.2M in 2021, a 16% increase compared to previous year.
Michael J. Ragen, Chief Financial Officer, received $3M in 2021, which decreases by 1% compared to 2020.
Timothy A Levenda, President, Foodservice, earned $2.7M in 2021, a 10% decrease compared to previous year.
Eric A. Wulf, President, Food Merchandising, received $1.6M in 2021, which decreases by 9% compared to 2020.
Douglas E. Owenby, Chief Operating Officer, earned $1.2M in 2021.
Related executives
Michael King
Pactiv Evergreen
Chief Executive Officer
Michael Ragen
Pactiv Evergreen
Chief Financial Officer
Douglas Owenby
Pactiv Evergreen
Chief Operating Officer
Timothy Levenda
Pactiv Evergreen
President, Foodservice
Eric Wulf
Pactiv Evergreen
President, Food Merchandising
John McGrath
Pactiv Evergreen
Chief Executive Officer
John Rooney
Pactiv Evergreen
Former President, Merchandising
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Source: SEC filing on April 27, 2022.