TE Connectivity CEO Terrence Curtin's 2018 pay slips 2% to $10M
TE Connectivity reports 2018 executive compensation
By ExecPay News
Published: January 18, 2019
TE Connectivity reported fiscal year 2018 executive compensation information on January 18, 2019.
In 2018, six executives at TE Connectivity received on average a compensation package of $4.6M, a 18% decrease compared to previous year.
Average pay of disclosed executives at TE Connectivity
Terrence R. Curtin, Chief Executive Officer, received $10M in total, which decreased by 2% compared to 2017. 33% of Curtin's compensation, or $3.4M, was in stock awards. Curtin also received $2.2M in non-equity incentive plan, $3.1M in option awards, $1.1M in salary, as well as $458K in other compensation.
Heath A. Mitts, Chief Financial Officer, received a compensation package of $3.9M, which increased by 6% compared to previous year. 27% of the compensation package, or $1.1M, was in stock awards.
Steven T. Merkt, President, Transportation Solutions, earned $3.8M in 2018, a 5% decrease compared to previous year.
Kevin N. Rock, President, Industrial Solutions, received $3.5M in 2018.
Thomas J. Lynch, Chairman, earned $3.2M in 2018, a 61% decrease compared to previous year.
John S. Jenkins, Jr, General Counsel, received $2.9M in 2018, which decreases by 8% compared to 2017.
TE Connectivity's fiscal year ends on September 29.
Related executives
Terrence Curtin
TE Connectivity
Chief Executive Officer
Thomas Lynch
TE Connectivity
Chairman
Heath Mitts
TE Connectivity
Chief Financial Officer
Steven Merkt
TE Connectivity
President, Transportation Solutions
Kevin Rock
TE Connectivity
President, Industrial Solutions
John Jenkins
TE Connectivity
General Counsel
You may also like
Source: SEC filing on January 18, 2019.