Stepan Company CEO F Stepan's 2021 pay slips 15% to $5.4M
Stepan Company reports 2021 executive compensation
By ExecPay News
Published: March 25, 2022
Stepan Company reported fiscal year 2021 executive compensation information on March 25, 2022.
In 2021, five executives at Stepan Company received on average a compensation package of $2.3M, a 9% decrease compared to previous year.
Average pay of disclosed executives at Stepan Company
F. Quinn Stepan, Jr, Chief Executive Officer, received $5.4M in total, which decreased by 15% compared to 2020. 38% of Stepan's compensation, or $2M, was in option awards. Stepan also received $900K in non-equity incentive plan, $1M in salary, $1.3M in stock awards, as well as $124K in other compensation.
Scott R. Behrens, Chief Operating Officer, received a compensation package of $2M, which increased by 13% compared to previous year. 30% of the compensation package, or $600K, was in option awards.
Luis E. Rojo, Chief Financial Officer, earned $1.5M in 2021, a 11% decrease compared to previous year.
Arthur W. Mergner, Executive Vice President - Supply Chain, received $1.4M in 2021, which decreases by 15% compared to 2020.
Sean T. Moriarty, Vice President and General Manager - Surfactants, earned $1.3M in 2021, a 1% increase compared to previous year.
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Source: SEC filing on March 25, 2022.