Veoneer CEO Jan Carlson's 2019 pay falls 44% to $4.2M
Veoneer reports 2019 executive compensation
By ExecPay News
Published: March 25, 2020
Veoneer reported fiscal year 2019 executive compensation information on March 25, 2020.
In 2019, six Veoneer executives received on average a compensation package of $1.6M, a 36% decrease compared to previous year.
Average pay of disclosed executives at Veoneer
Jan Carlson, Chief Executive Officer, received $4.2M in total, which decreased by 44% compared to 2018. 35% of Carlson's compensation, or $1.5M, was in salary. Carlson also received $1M in bonus, $578K in non-equity incentive plan, $515K in stock awards, as well as $664K in other compensation.
For fiscal year 2019, the median employee pay was $48,548 at Veoneer. Therefore, the ratio of Jan Carlson's pay to the median employee pay was 87 to one.
Mats Backman, Chief Financial Officer, received a compensation package of $1.8M. 52% of the compensation package, or $938K, was in stock awards.
Lars Sjöbring, General Counsel, earned $1.4M in 2019, a 48% decrease compared to previous year.
Nishant Batra, Chief Technology Officer, received $1.1M in 2019.
Mikko Taipale, Former EVP, Human Resources, earned $1.1M in 2019.
Mathias Hermansson, Chief Financial Officer, received $45K in 2019, which decreases by 98% compared to 2018.
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Source: SEC filing on March 25, 2020.