PC Connection CEO Timothy McGrath's 2021 pay jumps 131% to $3.2M
PC Connection reports 2021 executive compensation
By ExecPay News
Published: April 21, 2022
PC Connection reported fiscal year 2021 executive compensation information on April 21, 2022.
In 2021, three executives at PC Connection received on average a compensation package of $2.3M, a 191% increase compared to previous year.
Average pay of disclosed executives at PC Connection
Timothy McGrath, Chief Executive Officer, received $3.2M in total, which increased by 131% compared to 2020. 36% of McGrath's compensation, or $1.2M, was in non-equity incentive plan. McGrath also received $1.2M in salary, $887K in stock awards, as well as $8.6K in other compensation.
For fiscal year 2021, the median employee pay was $75,092 at PC Connection. Therefore, the ratio of Timothy McGrath's pay to the median employee pay was 43 to one.
Thomas Baker, Chief Financial Officer, received a compensation package of $2.7M, which increased by 487% compared to previous year. 72% of the compensation package, or $1.9M, was in stock awards.
Patricia Gallup, Chief Administrative Officer, earned $916K in 2021, a 85% increase compared to previous year.
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Source: SEC filing on April 21, 2022.