American Electric Technologies CEO Westervelt Ballard receives $6.6M in 2021
American Electric Technologies reports 2021 executive compensation
By ExecPay News
Published: July 1, 2022
American Electric Technologies reported fiscal year 2021 executive compensation information on July 1, 2022.
In 2021, three executives at American Electric Technologies received on average a compensation package of $2.7M, a 234% increase compared to previous year.
Average pay of disclosed executives at American Electric Technologies
Westervelt T. Ballard, Jr, Chief Executive Officer, received $6.6M in total. 52% of Ballard's compensation, or $3.4M, was in stock awards. Ballard also received $125K in non-equity incentive plan, $2.9M in option awards, as well as $176K in salary.
James C. Reddinger, Chief Executive Officer, received a compensation package of $1M, which decreased by 23% compared to previous year. 67% of the compensation package, or $667K, was in other compensation.
Andrew L. Puhala, Chief Financial Officer, earned $418K in 2021, a 41% increase compared to previous year.
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Source: SEC filing on July 1, 2022.