Tower International CEO James Gouin's 2018 pay jumps 22% to $4.2M
Tower International reports 2018 executive compensation
By ExecPay News
Published: March 21, 2019
Tower International reported fiscal year 2018 executive compensation information on March 21, 2019.
In 2018, six executives at Tower International received on average a compensation package of $2.1M, a 15% increase compared to previous year.
Average pay of disclosed executives at Tower International
James C. Gouin, Chief Executive Officer, received $4.2M in total, which increased by 22% compared to 2017. 50% of Gouin's compensation, or $2.1M, was in stock awards. Gouin also received $1.3M in non-equity incentive plan, $800K in salary, as well as $38K in other compensation.
For fiscal year 2018, the median employee pay was $64,303 at Tower International. Therefore, the ratio of James C. Gouin's pay to the median employee pay was 65 to one.
Pär Malmhagen, President, Tower President, Europe, received a compensation package of $3.7M, which increased by 17% compared to previous year. 56% of the compensation package, or $2.1M, was in stock awards.
Michael Rajkovic, Chief Operating Officer, earned $2.3M in 2018, a 1% decrease compared to previous year.
Jeffrey L. Kersten, Chief Financial Officer, received $1.5M in 2018, which decreases by 27% compared to 2017.
Mark R. Flynn, Senior Vice President, Global Human Resources, earned $777K in 2018, a 1345% increase compared to previous year.
Nanette Dudek, Secretary, received $444K in 2018, which increases by 4% compared to 2017.
Related executives
James Gouin
Tower International
Chief Executive Officer
Jeffrey Kersten
Tower International
Chief Financial Officer
Pär Malmhagen
Tower International
President, Tower President, Europe
Mark Flynn
Tower International
Senior Vice President, Global Human Resources
Nanette Dudek
Tower International
Secretary
Michael Rajkovic
Tower International
Chief Operating Officer
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Source: SEC filing on March 21, 2019.