Twin Disc CEO John Batten's 2022 pay jumps 26% to $2.5M
Twin Disc reports 2022 executive compensation
By ExecPay News
Published: September 8, 2022
Twin Disc reported fiscal year 2022 executive compensation information on September 8, 2022.
In 2022, three Twin Disc executives received on average a compensation package of $1.3M, a 2% decrease compared to previous year.
Average pay of disclosed executives at Twin Disc
John H. Batten, Chief Executive Officer, received $2.5M in total, which increased by 26% compared to 2021. 44% of Batten's compensation, or $1.1M, was in stock awards. Batten also received $1.7K of change in pension value and nonqualified deferred compensation earnings, $632K in non-equity incentive plan, $624K in salary, as well as $130K in other compensation.
Jeffrey S. Knutson, Chief Financial Officer, received a compensation package of $1.1M, which increased by 34% compared to previous year. 44% of the compensation package, or $493K, was in stock awards.
James E. Feiertag, Chief Operating Officer, earned $206K in 2022, a 81% decrease compared to previous year.
Twin Disc's fiscal year ends on June 30.
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Source: SEC filing on September 8, 2022.