Rexnord CEO Todd Adams' 2020 pay rises 2% to $6.9M
Rexnord reports 2020 executive compensation
By ExecPay News
Published: June 5, 2020
Rexnord reported fiscal year 2020 executive compensation information on June 5, 2020.
In 2020, five Rexnord executives received on average a compensation package of $2.7M, a 9% decrease compared to previous year.
Todd A. Adams, Chief Executive Officer, received $6.9M in total, which increased by 2% compared to 2019. 61% of Adams' compensation, or $4.2M, was in stock awards. Adams also received $1.6M in non-equity incentive plan, $999K in salary, as well as $85K in other compensation.
Mark W. Peterson, Chief Financial Officer, received a compensation package of $2.2M, which increased by 5% compared to previous year. 50% of the compensation package, or $1.1M, was in stock awards.
Kevin J. Zaba, Group Executive, President Process & Motion Control, earned $1.9M in 2020, a 2% increase compared to previous year.
Craig G. Wehr, Group Executive, President, received $1.3M in 2020.
George J. Powers, Chief Human Resources Officer, earned $1.2M in 2020, a 3% decrease compared to previous year.