Rayonier Advanced Materials CEO Paul Boynton's 2018 pay jumps 73% to $14M
Rayonier Advanced Materials reports 2018 executive compensation
By ExecPay News
Published: April 8, 2019
Rayonier Advanced Materials reported fiscal year 2018 executive compensation information on April 8, 2019.
In 2018, five executives at Rayonier Advanced Materials received on average a compensation package of $4.1M, a 49% increase compared to previous year.
Average pay of disclosed executives at Rayonier Advanced Materials
Paul G. Boynton, Chief Executive Officer, received $14M in total, which increased by 73% compared to 2017. 48% of Boynton's compensation, or $6.7M, was in stock awards. Boynton also received $4.6M in bonus, $1.5M in non-equity incentive plan, $989K in salary, as well as $90K in other compensation.
For fiscal year 2018, the median employee pay was $85,422 at Rayonier Advanced Materials. Therefore, the ratio of Paul G. Boynton's pay to the median employee pay was 162 to one.
Frank A. Ruperto, Chief Financial Officer, received a compensation package of $2.8M, which increased by 53% compared to previous year. 67% of the compensation package, or $1.9M, was in stock awards.
Michael R. Herman, General Counsel, earned $1.4M in 2018, a 30% decrease compared to previous year.
William R. Manzer, Senior Vice President, Manufacturing Operations, received $1.3M in 2018, which increases by 33% compared to 2017.
James L. Posze Jr, Senior Vice President, Human Resources, earned $1M in 2018, a 12% increase compared to previous year.
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Source: SEC filing on April 8, 2019.