Rayonier Advanced Materials CEO Paul Boynton's 2019 pay falls 47% to $7.3M
Rayonier Advanced Materials reports 2019 executive compensation
By ExecPay News
Published: April 3, 2020
Rayonier Advanced Materials reported fiscal year 2019 executive compensation information on April 3, 2020.
In 2019, six executives at Rayonier Advanced Materials received on average a compensation package of $2.2M, a 45% decrease compared to previous year.
Average pay of disclosed executives at Rayonier Advanced Materials
Paul G. Boynton, Chief Executive Officer, received $7.3M in total, which decreased by 47% compared to 2018. 43% of Boynton's compensation, or $3.2M, was in stock awards. Boynton also received $358K in bonus, $2.5M of change in pension value and nonqualified deferred compensation earnings, $195K in non-equity incentive plan, $1M in salary, as well as $63K in other compensation.
For fiscal year 2019, the median employee pay was $127,402 at Rayonier Advanced Materials. Therefore, the ratio of Paul G. Boynton's pay to the median employee pay was 58 to one.
Michael R. Herman, General Counsel, received a compensation package of $1.8M, which increased by 28% compared to previous year. 37% of the compensation package, or $659K, was of change in pension value and nonqualified deferred compensation earnings.
Frank A. Ruperto, SVP, High Purity and High Yield Cellulose Business, earned $1.7M in 2019, a 41% decrease compared to previous year.
William R. Manzer, Senior Vice President, Manufacturing Operations, received $1.1M in 2019, which decreases by 16% compared to 2018.
James L. Posze Jr, Senior Vice President, Human Resources, earned $852K in 2019, a 19% decrease compared to previous year.
Marcus J. Moeltner, Chief Financial Officer, received $703K in 2019.
Related executives
Paul Boynton
Rayonier Advanced Materials
Chief Executive Officer
Marcus Moeltner
Rayonier Advanced Materials
Chief Financial Officer
Frank Ruperto
Rayonier Advanced Materials
SVP, High Purity and High Yield Cellulose Business
Michael Herman
Rayonier Advanced Materials
General Counsel
William Manzer
Rayonier Advanced Materials
Executive Vice President, Manufacturing Operations
James Posze
Rayonier Advanced Materials
Chief Administrative Officer
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Source: SEC filing on April 3, 2020.