Verso CEO B DiSantis' 2019 pay falls 60% to $3M
Verso reports 2019 executive compensation
By ExecPay News
Published: June 29, 2020
Verso reported fiscal year 2019 executive compensation information on June 29, 2020.
In 2019, six Verso executives received on average a compensation package of $1.9M, a 51% decrease compared to previous year.
Average pay of disclosed executives at Verso
B. Christopher DiSantis, Chief Executive Officer, received $3M in total, which decreased by 60% compared to 2018. 58% of DiSantis' compensation, or $1.8M, was in stock awards. DiSantis also received $226K in salary and $1M in other compensation.
Leslie T. Lederer, Chief Executive Officer, received a compensation package of $2.9M. 83% of the compensation package, or $2.4M, was in stock awards.
Adam St. John, Chief Executive Officer, earned $1.5M in 2019, a 44% decrease compared to previous year.
Michael A. Weinhold, Former President, received $1.4M in 2019, which decreases by 55% compared to 2018.
Allen J. Campbell, Chief Financial Officer, earned $1.3M in 2019, a 57% decrease compared to previous year.
Kenneth D. Sawyer, Senior Vice President of Human Resources and Communications, received $1.1M in 2019, which decreases by 58% compared to 2018.
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Source: SEC filing on June 29, 2020.