Titan International CEO Paul Reitz's 2018 pay jumps 45% to $2.7M
Titan International reports 2018 executive compensation
By ExecPay News
Published: April 26, 2019
Titan International reported fiscal year 2018 executive compensation information on April 26, 2019.
In 2018, five executives at Titan International received on average a compensation package of $1M, a 4% increase compared to previous year.
Paul G. Reitz, Chief Executive Officer, received $2.7M in total, which increased by 45% compared to 2017. 37% of Reitz's compensation, or $975K, was in bonus. Reitz also received $900K in salary, $742K in stock awards, as well as $42K in other compensation.
For fiscal year 2018, the median employee pay was $37,555 at Titan International. Therefore, the ratio of Paul G. Reitz's pay to the median employee pay was 71 to one.
Michael G. Troyanovich, General Counsel, received a compensation package of $874K, which increased by 61% compared to previous year. 40% of the compensation package, or $350K, was in salary.
David A. Martin, Chief Financial Officer, earned $829K in 2018.
Amy S. Evans, Chief Accounting Officer, received $479K in 2018.
James M. Froisland, Chief Financial Officer, earned $375K in 2018, a 41% decrease compared to previous year.