Thor Industries CEO Robert Martin's 2020 pay slips 18% to $7.5M
Thor Industries reports 2020 executive compensation
By ExecPay News
Published: November 5, 2020
Thor Industries reported fiscal year 2020 executive compensation information on November 5, 2020.
In 2020, four executives at Thor Industries received on average a compensation package of $3.9M, a 19% increase compared to previous year.
Robert W. Martin, Chief Executive Officer, received $7.5M in total, which decreased by 18% compared to 2019. 53% of Martin's compensation, or $3.9M, was in stock awards. Martin also received $2.9M in non-equity incentive plan and $635K in salary.
For fiscal year 2020, the median employee pay was $44,885 at Thor Industries. Therefore, the ratio of Robert W. Martin's pay to the median employee pay was 166 to one.
Colleen Zuhl, Chief Financial Officer, received a compensation package of $3.5M, which increased by 44% compared to previous year. 51% of the compensation package, or $1.8M, was in stock awards.
Todd Woelfer, General Counsel, earned $3.1M in 2020, a 50% increase compared to previous year.
Kenneth D. Julian, Senior Vice President of Administration Human Resources, received $1.7M in 2020, which increases by 5% compared to 2019.
Thor Industries' fiscal year ends on July 31.