Twin Disc CEO John Batten's 2023 pay slips 7% to $2.3M
Twin Disc reports 2023 executive compensation
By ExecPay News
Published: September 8, 2023
Twin Disc reported fiscal year 2023 executive compensation information on September 8, 2023.
In 2023, two Twin Disc executives received on average a compensation package of $1.7M, a 34% increase compared to previous year.
Average pay of disclosed executives at Twin Disc
John H. Batten, Chief Executive Officer, received $2.3M in total, which decreased by 7% compared to 2022. 47% of Batten's compensation, or $1.1M, was in stock awards. Batten also received $408K in non-equity incentive plan, $648K in salary, as well as $162K in other compensation.
Jeffrey S. Knutson, Chief Financial Officer, received a compensation package of $1.1M, which decreased by 2% compared to previous year. 48% of the compensation package, or $537K, was in stock awards.
Twin Disc's fiscal year ends on June 30.
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Source: SEC filing on September 8, 2023.