Stoneridge CEO Jonathan DeGaynor's 2020 pay rises 20% to $4M
Stoneridge reports 2020 executive compensation
By ExecPay News
Published: April 1, 2021
Stoneridge reported fiscal year 2020 executive compensation information on April 1, 2021.
In 2020, five Stoneridge executives received on average a compensation package of $1.8M, a 1% increase compared to previous year.
Jonathan B. DeGaynor, Chief Executive Officer, received $4M in total, which increased by 20% compared to 2019. 64% of DeGaynor's compensation, or $2.5M, was in stock awards. DeGaynor also received $551K in bonus, $842K in salary, as well as $28K in other compensation.
For fiscal year 2020, the median employee pay was $12,341 at Stoneridge. Therefore, the ratio of Jonathan B. DeGaynor's pay to the median employee pay was 322 to one.
Laurent P. Borne, Chief Technology Officer, received a compensation package of $1.5M, which increased by 51% compared to previous year. 47% of the compensation package, or $687K, was in stock awards.
Robert R. Krakowiak, Chief Financial Officer, earned $1.4M in 2020, a 20% decrease compared to previous year.
Thomas M. Dono, Jr, Chief Legal Officer, received $1M in 2020, which increases by 11% compared to 2019.
Kevin R. Heigel, Vice President Operations, earned $923K in 2020.