Rayonier Advanced Materials CEO Paul Boynton's 2020 pay falls 24% to $5.6M
Rayonier Advanced Materials reports 2020 executive compensation
By ExecPay News
Published: April 2, 2021
Rayonier Advanced Materials reported fiscal year 2020 executive compensation information on April 2, 2021.
In 2020, five executives at Rayonier Advanced Materials received on average a compensation package of $1.8M, a 20% decrease compared to previous year.
Paul G. Boynton, Chief Executive Officer, received $5.6M in total, which decreased by 24% compared to 2019. 41% of Boynton's compensation, or $2.3M, was of change in pension value and nonqualified deferred compensation earnings. Boynton also received $1.2M in non-equity incentive plan, $1M in salary, $1.1M in stock awards, as well as $65K in other compensation.
For fiscal year 2020, the median employee pay was $136,303 at Rayonier Advanced Materials. Therefore, the ratio of Paul G. Boynton's pay to the median employee pay was 41 to one.
Marcus J. Moeltner, Chief Financial Officer, received a compensation package of $904K, which increased by 29% compared to previous year. 47% of the compensation package, or $425K, was in salary.
William R. Manzer, Senior Vice President, Manufacturing Operations, earned $853K in 2020, a 22% decrease compared to previous year.
Frank A. Ruperto, SVP, High Purity and High Yield Cellulose Business, received $845K in 2020, which decreases by 49% compared to 2019.
James L. Posze Jr, Senior Vice President, Human Resources, earned $718K in 2020, a 16% decrease compared to previous year.
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