PPG Industries CEO Michael McGarry's 2020 pay rises 5% to $16M
PPG Industries reports 2020 executive compensation
By ExecPay News
Published: March 4, 2021
PPG Industries reported fiscal year 2020 executive compensation information on March 4, 2021.
In 2020, five executives at PPG Industries received on average a compensation package of $6.1M, a 16% increase compared to previous year.
Average pay of disclosed executives at PPG Industries
Michael H. McGarry, Chief Executive Officer, received $16M in total, which increased by 5% compared to 2019. 35% of McGarry's compensation, or $5.5M, was in stock awards. McGarry also received $4.3M of change in pension value and nonqualified deferred compensation earnings, $2M in non-equity incentive plan, $2.7M in option awards, $1.2M in salary, as well as $250K in other compensation.
Vincent J. Morales, Chief Financial Officer, received a compensation package of $4.9M, which increased by 30% compared to previous year. 33% of the compensation package, or $1.6M, was of change in pension value and nonqualified deferred compensation earnings.
Timothy M. Knavish, Executive Vice President, earned $4.1M in 2020, a 31% increase compared to previous year.
Anne M. Foulkes, General Counsel, received $2.7M in 2020.
Rebecca B. Liebert, Executive Vice President, earned $2.7M in 2020, a 27% increase compared to previous year.
Related executives
You may also like
Source: SEC filing on March 4, 2021.