St Joe CEO Jorge Gonzalez's 2018 pay rises 1% to $906K
St Joe reports 2018 executive compensation
By ExecPay News
Published: April 10, 2019
St Joe reported fiscal year 2018 executive compensation information on April 10, 2019.
In 2018, six St Joe executives received on average a compensation package of $542K, which is about the same as previous year.
Jorge Gonzalez, Chief Executive Officer, received $906K in total, which increased by 1% compared to 2017. 50% of Gonzalez's compensation, or $450K, was in bonus. Gonzalez also received $400K in salary and $56K in other compensation.
For fiscal year 2018, the median employee pay was $96,652 at St Joe. Therefore, the ratio of Jorge Gonzalez's pay to the median employee pay was 9 to one.
Marek Bakun, Chief Financial Officer, received a compensation package of $856K, which increased by 31% compared to previous year. 53% of the compensation package, or $450K, was in bonus.
Kenneth Borick, General Counsel, earned $723K in 2018, a 30% increase compared to previous year.
Patrick Murphy, SVP, Operations, received $315K in 2018, which is about the same as previous year.
Susan Mermer, Chief Accounting Officer, earned $290K in 2018, a 4% increase compared to previous year.
Elizabeth J. Walters, General Counsel, received $160K in 2018.