Steel Dynamics CEO Mark Millett's 2021 pay stays at $11M
Steel Dynamics reports 2021 executive compensation
By ExecPay News
Published: March 21, 2022
Steel Dynamics reported fiscal year 2021 executive compensation information on March 21, 2022.
In 2021, five executives at Steel Dynamics received on average a compensation package of $5.4M, a 7% increase compared to previous year.
Average pay of disclosed executives at Steel Dynamics
Mark D. Millett, Chief Executive Officer, received $11M in total, which is about the same as previous year. 45% of Millett's compensation, or $5M, was in stock awards. Millett also received $3.5M in non-equity incentive plan, $1M in option awards, $1.4M in salary, as well as $141K in other compensation.
For fiscal year 2021, the median employee pay was $126,721 at Steel Dynamics. Therefore, the ratio of Mark D. Millett's pay to the median employee pay was 87 to one.
Theresa E. Wagler, Chief Financial Officer, received a compensation package of $4.9M, which increased by 2% compared to previous year. 42% of the compensation package, or $2.1M, was in stock awards.
Russell B. Rinn, Executive Vice President Metals, earned $4M in 2021, a 12% increase compared to previous year.
Glenn A. Pushis, Senior Vice President Special Projects, received $3.7M in 2021, which increases by 20% compared to 2020.
Barry T. Schneider, Senior Vice President Flat Roll Steel Group, earned $3.7M in 2021, a 20% increase compared to previous year.
Related executives
Mark Millett
Steel Dynamics
Chief Executive Officer
Theresa Wagler
Steel Dynamics
Chief Financial Officer
Russell Rinn
Steel Dynamics
Executive Vice President Metals
Glenn Pushis
Steel Dynamics
Senior Vice President Special Projects
Barry Schneider
Steel Dynamics
Senior Vice President Flat Roll Steel Group
You may also like
Source: SEC filing on March 21, 2022.