Tootsie Roll Industries CEO Ellen Gordon's 2020 pay slips 9% to $4.9M
Tootsie Roll Industries reports 2020 executive compensation
By ExecPay News
Published: March 26, 2021
Tootsie Roll Industries reported fiscal year 2020 executive compensation information on March 26, 2021.
In 2020, five executives at Tootsie Roll Industries received on average a compensation package of $1.9M, a 7% decrease compared to previous year.
Ellen R. Gordon, Chief Executive Officer, received $4.9M in total, which decreased by 9% compared to 2019.
For fiscal year 2020, the median employee pay was $57,332 at Tootsie Roll Industries. Therefore, the ratio of Ellen R. Gordon's pay to the median employee pay was 85 to one.
G. Howard Ember, Jr, Vice President/Finance, received a compensation package of $1.8M, which decreased by 1% compared to previous year. 57% of the compensation package, or $999K, was in salary.
Barry P. Bowen, Treasurer, earned $1.1M in 2020, a 1% decrease compared to previous year.
Stephen P. Green, Vice President Manufacturing, received $974K in 2020, which is about the same as previous year.
Kenneth D. Naylor, Vice President/Marketing and Sales, earned $971K in 2020, a 13% increase compared to previous year.