Steel Dynamics CEO Mark Millett's 2018 pay rises 14% to $10M
Steel Dynamics reports 2018 executive compensation
By ExecPay News
Published: March 29, 2021
Steel Dynamics reported fiscal year 2018 executive compensation information on March 29, 2021.
In 2018, six executives at Steel Dynamics received on average a compensation package of $4.3M, a 17% increase compared to previous year.
Average pay of disclosed executives at Steel Dynamics
Mark D. Millett, Chief Executive Officer, received $10M in total, which increased by 14% compared to 2017. 32% of Millett's compensation, or $3.2M, was in stock awards. Millett also received $3.1M in non-equity incentive plan, $2.5M in option awards, $1.3M in salary, as well as $70K in other compensation.
For fiscal year 2018, the median employee pay was $110,233 at Steel Dynamics. Therefore, the ratio of Mark D. Millett's pay to the median employee pay was 92 to one.
Theresa E. Wagler, Chief Financial Officer, received a compensation package of $4.1M, which decreased by 1% compared to previous year. 40% of the compensation package, or $1.6M, was in non-equity incentive plan.
Russell B. Rinn, Executive Vice President, earned $3.5M in 2018, a 6% increase compared to previous year.
Glenn A. Pushis, Senior Vice President Special Projects, received $2.7M in 2018, which increases by 11% compared to 2017.
for Metals Recycling Glenn A. Pushis, Senior Vice President Long Products Steel Group, earned $2.7M in 2018, a 11% increase compared to previous year.
Barry T. Schneider, Senior Vice President Flat Roll Steel Group, received $2.7M in 2018, which increases by 9% compared to 2017.
Related executives
Glenn Pushis
Steel Dynamics
Senior Vice President Special Projects
Mark Millett
Steel Dynamics
Chief Executive Officer
Theresa Wagler
Steel Dynamics
Chief Financial Officer
Russell Rinn
Steel Dynamics
Executive Vice President Metals
for Pushis
Steel Dynamics
Senior Vice President Special Projects
Barry Schneider
Steel Dynamics
Senior Vice President Flat Roll Steel Group
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Source: SEC filing on March 29, 2021.