Power Solutions International CEO Lance Arnett's 2021 pay jumps 58% to $766K
Power Solutions International reports 2021 executive compensation
By ExecPay News
Published: May 31, 2022
Power Solutions International reported fiscal year 2021 executive compensation information on May 31, 2022.
In 2021, four executives at Power Solutions International received on average a compensation package of $629K, a 67% increase compared to previous year.
Average pay of disclosed executives at Power Solutions International
Lance M. Arnett, Chief Executive Officer, received $766K in total, which increased by 58% compared to 2020. 52% of Arnett's compensation, or $401K, was in salary. Arnett also received $40K in bonus, $308K in option awards, as well as $17K in other compensation.
Kenneth Winemaster, Former Executive Vice President, received a compensation package of $726K, which increased by 123% compared to previous year. 50% of the compensation package, or $362K, was in other compensation.
C. Dino Xykis, Chief Technical Officer, earned $529K in 2021.
John P. Miller, Chief Executive Officer, received $495K in 2021, which increases by 54% compared to 2020.
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Source: SEC filing on May 31, 2022.