Richardson Electronics CEO Edward Richardson's 2022 pay rises 11% to $1.4M
Richardson Electronics reports 2022 executive compensation
By ExecPay News
Published: August 22, 2022
Richardson Electronics reported fiscal year 2022 executive compensation information on August 22, 2022.
In 2022, five executives at Richardson Electronics received on average a compensation package of $789K, a 14% increase compared to previous year.
Average pay of disclosed executives at Richardson Electronics
Edward J. Richardson, Chief Executive Officer, received $1.4M in total, which increased by 11% compared to 2021. 62% of Richardson's compensation, or $845K, was in salary. Richardson also received $327K in non-equity incentive plan, $30K in option awards, $153K in stock awards, as well as $14K in other compensation.
For fiscal year 2022, the median employee pay was $78,585 at Richardson Electronics. Therefore, the ratio of Edward J. Richardson's pay to the median employee pay was 17 to one.
Wendy S. Diddell, Chief Operating Officer, received a compensation package of $836K, which increased by 15% compared to previous year. 54% of the compensation package, or $449K, was in salary.
Gregory J. Peloquin, Executive Vice President Power and Microwave Technologies Group, earned $669K in 2022, a 21% increase compared to previous year.
Jens Ruppert, Executive Vice President and General Manager, Canvys, received $550K in 2022, which increases by 17% compared to 2021.
Robert J. Ben, Chief Financial Officer, earned $520K in 2022, a 11% increase compared to previous year.
Richardson Electronics' fiscal year ends on May 28.
Related executives
Edward Richardson
Richardson Electronics
Chief Executive Officer
Wendy Diddell
Richardson Electronics
Chief Operating Officer
Gregory Peloquin
Richardson Electronics
Executive Vice President Power and Microwave Technologies Group
Robert Ben
Richardson Electronics
Chief Financial Officer
Jens Ruppert
Richardson Electronics
Executive Vice President and General Manager, Canvys
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Source: SEC filing on August 22, 2022.