Rayonier CEO David Nunes' 2021 pay slips 2% to $5.3M
Rayonier reports 2021 executive compensation
By ExecPay News
Published: April 6, 2022
Rayonier reported fiscal year 2021 executive compensation information on April 6, 2022.
In 2021, five Rayonier executives received on average a compensation package of $2.3M, a 3% decrease compared to previous year.
Average pay of disclosed executives at Rayonier
David Nunes, Chief Executive Officer, received $5.3M in total, which decreased by 2% compared to 2020. 51% of Nunes' compensation, or $2.7M, was in stock awards. Nunes also received $844K in bonus, $1.6M in non-equity incentive plan, as well as $155K in other compensation.
For fiscal year 2021, the median employee pay was $107,896 at Rayonier. Therefore, the ratio of David Nunes' pay to the median employee pay was 49 to one.
Mark McHugh, Chief Financial Officer, received a compensation package of $2.2M, which increased by 1% compared to previous year. 44% of the compensation package, or $981K, was in stock awards.
Doug Long, SVP, Forest Resources, earned $1.6M in 2021, a 11% decrease compared to previous year.
Rhett Rogers, VP, Portfolio Management, received $1.2M in 2021, which decreases by 5% compared to 2020.
Mark Bridwell, General Counsel, earned $1.1M in 2021, a 1% increase compared to previous year.
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Source: SEC filing on April 6, 2022.