Tennant Company CEO H Killingstad's 2018 pay jumps 34% to $4.2M
Tennant Company reports 2018 executive compensation
By ExecPay News
Published: March 29, 2019
Tennant Company reported fiscal year 2018 executive compensation information on March 29, 2019.
In 2018, seven executives at Tennant Company received on average a compensation package of $1.6M, a 18% increase compared to previous year.
H. Chris Killingstad, Chief Executive Officer, received $4.2M in total, which increased by 34% compared to 2017. 35% of Killingstad's compensation, or $1.5M, was in stock awards. Killingstad also received $2K of change in pension value and nonqualified deferred compensation earnings, $945K in non-equity incentive plan, $989K in option awards, $766K in salary, as well as $50K in other compensation.
For fiscal year 2018, the median employee pay was $49,436 at Tennant Company. Therefore, the ratio of H. Chris Killingstad's pay to the median employee pay was 86 to one.
Thomas Paulson, Chief Financial Officer, received a compensation package of $1.5M, which increased by 31% compared to previous year. 30% of the compensation package, or $457K, was in stock awards.
Richard H. Zay, Senior Vice President, The Americas and R&D, earned $1.5M in 2018, a 69% increase compared to previous year.
David W. Huml, Senior Vice President, EMEA, APAC, Global Marketing & Operations, received $1.4M in 2018, which increases by 61% compared to 2017.
Carol E. McKnight, Chief Administrative Officer, earned $1.1M in 2018.
Jeffrey C. Moorefield, Former Senior Vice President, Global Operations, received $984K in 2018, which increases by 29% compared to 2017.
Keith A. Woodward, Chief Financial Officer, earned $536K in 2018.
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