Steel Dynamics CEO Mark Millett's 2019 pay rises 5% to $11M
Steel Dynamics reports 2019 executive compensation
By ExecPay News
Published: March 24, 2020
Steel Dynamics reported fiscal year 2019 executive compensation information on March 24, 2020.
In 2019, six executives at Steel Dynamics received on average a compensation package of $4.5M, a 4% increase compared to previous year.
Average pay of disclosed executives at Steel Dynamics
Mark D. Millett, Chief Executive Officer, received $11M in total, which increased by 5% compared to 2018. 39% of Millett's compensation, or $4.1M, was in stock awards. Millett also received $3.4M in non-equity incentive plan, $1.7M in option awards, $1.4M in salary, as well as $46K in other compensation.
For fiscal year 2019, the median employee pay was $127,630 at Steel Dynamics. Therefore, the ratio of Mark D. Millett's pay to the median employee pay was 83 to one.
Theresa E. Wagler, Chief Financial Officer, received a compensation package of $4.4M, which increased by 8% compared to previous year. 39% of the compensation package, or $1.7M, was in stock awards.
Russell B. Rinn, Executive Vice President, earned $3.4M in 2019, a 2% decrease compared to previous year.
for Metals Recycling Glenn A. Pushis, Senior Vice President Special Projects, received $2.8M in 2019, which increases by 5% compared to 2018.
Glenn A. Pushis, Senior Vice President Special Projects, earned $2.8M in 2019, a 5% increase compared to previous year.
Barry T. Schneider, Senior Vice President Flat Roll Steel Group, received $2.8M in 2019, which increases by 5% compared to 2018.
Related executives
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
Glenn Pushis
Steel Dynamics
Senior Vice President Special Projects
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Source: SEC filing on March 24, 2020.