STRATTEC Security CEO Frank Krejci's 2018 pay rises 13% to $705K
STRATTEC Security reports 2018 executive compensation
By ExecPay News
Published: September 6, 2018
STRATTEC Security reported fiscal year 2018 executive compensation information on September 6, 2018.
In 2018, five executives at STRATTEC Security received on average a compensation package of $440K, a 18% increase compared to previous year.
Average pay of disclosed executives at STRATTEC Security
Frank J. Krejci, Chief Executive Officer, received $705K in total, which increased by 13% compared to 2017. 61% of Krejci's compensation, or $429K, was in salary. Krejci also received $1K in bonus, $15K of change in pension value and nonqualified deferred compensation earnings, $172K in non-equity incentive plan, $67K in stock awards, as well as $21K in other compensation.
Patrick J. Hansen, Chief Financial Officer, received a compensation package of $428K, which is about the same as previous year. 67% of the compensation package, or $287K, was in salary.
Rolando J. Guillot, Senior Vice President - Operations, earned $376K in 2018, a 1% increase compared to previous year.
Richard P. Messina, Vice President - Global Sales and Access Control Products, received $376K in 2018, which increases by 4% compared to 2017.
Al-Waleed H. Hamdan, Vice President - Product Management, earned $314K in 2018, a 279% increase compared to previous year.
STRATTEC Security's fiscal year ends on June 30.
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Source: SEC filing on September 6, 2018.