RESIDEO TECHNOLOGIES CEO Michael Nefkens' 2019 pay rises 17% to $6.4M
RESIDEO TECHNOLOGIES reports 2019 executive compensation
By ExecPay News
Published: April 23, 2021
RESIDEO TECHNOLOGIES reported fiscal year 2019 executive compensation information on April 23, 2021.
In 2019, seven executives at RESIDEO TECHNOLOGIES received on average a compensation package of $2.8M, a 30% increase compared to previous year.
Michael Nefkens, Chief Executive Officer, received $6.4M in total, which increased by 17% compared to 2018. 45% of Nefkens' compensation, or $2.9M, was in stock awards. Nefkens also received $655K in non-equity incentive plan, $1.4M in option awards, $895K in salary, as well as $503K in other compensation.
For fiscal year 2019, the median employee pay was $25,569 at RESIDEO TECHNOLOGIES. Therefore, the ratio of Michael Nefkens' pay to the median employee pay was 248 to one.
Niccolo de Masi, Former Chief Officer, received a compensation package of $4M. 45% of the compensation package, or $1.8M, was in stock awards.
Robert Aarnes, President, ADI Global Distribution, earned $2.4M in 2019, a 109% increase compared to previous year.
Stephen Kelly, Chief Human Resources Officer, received $2.3M in 2019, which increases by 71% compared to 2018.
Michael Flink, Former SVP, Executive Advisor, earned $2.2M in 2019, a 46% increase compared to previous year.
Joseph Ragan, Chief Financial Officer, received $2M in 2019, which increases by 46% compared to 2018.
Robert Ryder, Chief Financial Officer, earned $391K in 2019.
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