Titan International CEO Paul Reitz's 2019 pay falls 48% to $1.4M
Titan International reports 2019 executive compensation
By ExecPay News
Published: April 28, 2020
Titan International reported fiscal year 2019 executive compensation information on April 28, 2020.
In 2019, three executives at Titan International received on average a compensation package of $830K, a 20% decrease compared to previous year.
Average pay of disclosed executives at Titan International
Paul G. Reitz, Chief Executive Officer, received $1.4M in total, which decreased by 48% compared to 2018. 65% of Reitz's compensation, or $900K, was in salary. Reitz also received $425K in bonus and $66K in other compensation.
For fiscal year 2019, the median employee pay was $34,111 at Titan International. Therefore, the ratio of Paul G. Reitz's pay to the median employee pay was 41 to one.
David A. Martin, Chief Financial Officer, received a compensation package of $620K, which decreased by 25% compared to previous year. 65% of the compensation package, or $400K, was in salary.
Michael G. Troyanovich, General Counsel, earned $478K in 2019, a 45% decrease compared to previous year.
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Source: SEC filing on April 28, 2020.