Trimble Navigation CEO Steven Berglund's 2018 pay rises 5% to $11M
Trimble Navigation reports 2018 executive compensation
By ExecPay News
Published: March 26, 2019
Trimble Navigation reported fiscal year 2018 executive compensation information on March 26, 2019.
In 2018, five executives at Trimble Navigation received on average a compensation package of $4.2M, a 10% increase compared to previous year.
Average pay of disclosed executives at Trimble Navigation
Steven W. Berglund, Chief Executive Officer, received $11M in total, which increased by 5% compared to 2017. 67% of Berglund's compensation, or $7.5M, was in stock awards. Berglund also received $2.8M in non-equity incentive plan, $961K in salary, as well as $2.3K in other compensation.
Robert Painter, Chief Financial Officer, received a compensation package of $2.9M, which increased by 10% compared to previous year. 52% of the compensation package, or $1.5M, was in stock awards.
Bryn A. Fosburgh, Senior Vice President, earned $2.6M in 2018, a 26% increase compared to previous year.
Darryl Matthews, Senior Vice President, received $2.1M in 2018, which decreases by 21% compared to 2017.
James A. Kirkland, General Counsel, earned $2M in 2018, a 13% decrease compared to previous year.
Trimble Navigation's fiscal year ends on January 3.
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Source: SEC filing on March 26, 2019.