Reynolds Consumer Products CEO Lance Mitchell's 2021 pay falls 48% to $5.9M
Reynolds Consumer Products reports 2021 executive compensation
By ExecPay News
Published: March 15, 2022
Reynolds Consumer Products reported fiscal year 2021 executive compensation information on March 15, 2022.
In 2021, five executives at Reynolds Consumer Products received on average a compensation package of $2.4M, a 46% decrease compared to previous year.
Average pay of disclosed executives at Reynolds Consumer Products
Lance Mitchell, Chief Executive Officer, received $5.9M in total, which decreased by 48% compared to 2020. 59% of Mitchell's compensation, or $3.5M, was in stock awards. Mitchell also received $713K in non-equity incentive plan, $1.6M in salary, as well as $190K in other compensation.
For fiscal year 2021, the median employee pay was $60,746 at Reynolds Consumer Products. Therefore, the ratio of Lance Mitchell's pay to the median employee pay was 98 to one.
Michael Graham, Chief Financial Officer, received a compensation package of $2.2M, which decreased by 46% compared to previous year. 47% of the compensation package, or $1M, was in stock awards.
Craig Cappel, President, Reynolds Cooking & Baking, earned $1.3M in 2021, a 46% decrease compared to previous year.
Stephan Pace, President, Sales and Chief Customer Officer, received $1.2M in 2021, which decreases by 47% compared to 2020.
Steve Estes, Chief Administrative Officer, earned $1.2M in 2021.
Related executives
Lance Mitchell
Reynolds Consumer Products
Chief Executive Officer
Michael Graham
Reynolds Consumer Products
Chief Financial Officer
Stephan Pace
Reynolds Consumer Products
President, Sales and Chief Customer Officer
Craig Cappel
Reynolds Consumer Products
President, Reynolds Cooking & Baking
Steve Estes
Reynolds Consumer Products
Chief Administrative Officer
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Source: SEC filing on March 15, 2022.