Rayonier Advanced Materials CEO Paul Boynton's 2021 pay rises 2% to $5.7M
Rayonier Advanced Materials reports 2021 executive compensation
By ExecPay News
Published: April 1, 2022
Rayonier Advanced Materials reported fiscal year 2021 executive compensation information on April 1, 2022.
In 2021, five executives at Rayonier Advanced Materials received on average a compensation package of $2.2M, a 24% increase compared to previous year.
Average pay of disclosed executives at Rayonier Advanced Materials
Paul G. Boynton, Chief Executive Officer, received $5.7M in total, which increased by 2% compared to 2020. 47% of Boynton's compensation, or $2.7M, was in stock awards. Boynton also received $483K of change in pension value and nonqualified deferred compensation earnings, $1.4M in non-equity incentive plan, $1M in salary, as well as $69K in other compensation.
For fiscal year 2021, the median employee pay was $93,331 at Rayonier Advanced Materials. Therefore, the ratio of Paul G. Boynton's pay to the median employee pay was 61 to one.
Joshua C. Hicks, Senior Vice President,, received a compensation package of $1.6M. 64% of the compensation package, or $1M, was in stock awards.
Marcus J. Moeltner, Chief Financial Officer, earned $1.5M in 2021, a 63% increase compared to previous year.
William R. Manzer, Executive Vice President, Manufacturing Operations, received $1.3M in 2021, which increases by 48% compared to 2020.
James L. Posze Jr, Chief Administrative Officer, earned $1M in 2021, a 43% increase compared to previous year.
Related executives
Paul Boynton
Rayonier Advanced Materials
Chief Executive Officer
Marcus Moeltner
Rayonier Advanced Materials
Chief Financial Officer
Joshua Hicks
Rayonier Advanced Materials
Senior Vice President,
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 1, 2022.