Valvoline CEO Samuel Mitchell's 2019 pay rises 4% to $4.6M
Valvoline reports 2019 executive compensation
By ExecPay News
Published: December 16, 2019
Valvoline reported fiscal year 2019 executive compensation information on December 16, 2019.
In 2019, five Valvoline executives received on average a compensation package of $2M, a 28% increase compared to previous year.
Samuel J. Mitchell Jr, Chief Executive Officer, received $4.6M in total, which increased by 4% compared to 2018. 47% of Mitchell's compensation, or $2.2M, was in stock awards. Mitchell also received $616K in non-equity incentive plan, $713K in option awards, $961K in salary, as well as $132K in other compensation.
For fiscal year 2019, the median employee pay was $58,295 at Valvoline. Therefore, the ratio of Samuel J. Mitchell Jr's pay to the median employee pay was 79 to one.
Anthony R. Puckett, Senior Vice President and President, Quick Lubes, received a compensation package of $1.7M, which increased by 115% compared to previous year. 41% of the compensation package, or $713K, was in stock awards.
Mary E. Meixelsperger, Chief Financial Officer, earned $1.7M in 2019, a 4% increase compared to previous year.
Craig A. Moughler, Senior Vice President and Chief Supply Chain Officer, received $1.2M in 2019, which increases by 55% compared to 2018.
Julie M. O'Daniel, Chief Legal Officer, earned $917K in 2019, a 8% decrease compared to previous year.
Valvoline's fiscal year ends on September 30.
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