Tredegar CEO John Gottwald's 2018 pay jumps 370% to $2.5M
Tredegar reports 2018 executive compensation
By ExecPay News
Published: March 22, 2019
Tredegar reported fiscal year 2018 executive compensation information on March 22, 2019.
In 2018, three Tredegar executives received on average a compensation package of $1.7M, a 54% increase compared to previous year.
Average pay of disclosed executives at Tredegar
John D. Gottwald, Chief Executive Officer, received $2.5M in total, which increased by 370% compared to 2017. 84% of Gottwald's compensation, or $2.1M, was in option awards. Gottwald also received $396K in salary and $20K in other compensation.
For fiscal year 2018, the median employee pay was $57,140 at Tredegar. Therefore, the ratio of John D. Gottwald's pay to the median employee pay was 44 to one.
D. Andrew Edwards, Chief Financial Officer, received a compensation package of $1.3M, which decreased by 14% compared to previous year. 32% of the compensation package, or $405K, was in salary.
Michael J. Schewel, General Counsel, earned $1.2M in 2018, a 2% increase compared to previous year.
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Source: SEC filing on March 22, 2019.