Trimble Navigation CEO Robert Painter's 2020 pay jumps 350% to $13M
Trimble Navigation reports 2020 executive compensation
By ExecPay News
Published: March 30, 2021
Trimble Navigation reported fiscal year 2020 executive compensation information on March 30, 2021.
In 2020, five executives at Trimble Navigation received on average a compensation package of $4.8M, a 2% increase compared to previous year.
Robert Painter, Chief Executive Officer, received $13M in total, which increased by 350% compared to 2019. 69% of Painter's compensation, or $8.7M, was in stock awards. Painter also received $3M in option awards, $871K in salary, as well as $6.4K in other compensation.
Steven W. Berglund, Chairman, received a compensation package of $4M, which decreased by 58% compared to previous year. 79% of the compensation package, or $3.2M, was in stock awards.
David G. Barnes, Chief Financial Officer, earned $3.3M in 2020.
Darryl Matthews, Senior Vice President, received $2.1M in 2020, which increases by 21% compared to 2019.
James Langley, Senior Vice President, earned $2.1M in 2020.
Trimble Navigation's fiscal year ends on January 3.