Visteon CEO Sachin Lawande's 2018 pay slips 2% to $7.9M
Visteon reports 2018 executive compensation
By ExecPay News
Published: April 26, 2019
Visteon reported fiscal year 2018 executive compensation information on April 26, 2019.
In 2018, five Visteon executives received on average a compensation package of $2.9M, a 6% decrease compared to previous year.
Average pay of disclosed executives at Visteon
Sachin S. Lawande, Chief Executive Officer, received $7.9M in total, which decreased by 2% compared to 2017. 57% of Lawande's compensation, or $4.5M, was in stock awards. Lawande also received $299K in non-equity incentive plan, $1.5M in option awards, $1M in salary, as well as $526K in other compensation.
For fiscal year 2018, the median employee pay was $16,278 at Visteon. Therefore, the ratio of Sachin S. Lawande's pay to the median employee pay was 483 to one.
Christian A. Garcia, Chief Financial Officer, received a compensation package of $2.5M, which decreased by 11% compared to previous year. 49% of the compensation package, or $1.2M, was in stock awards.
Sunil K. Bilolikar, Senior Vice President, Operations and Procurement, earned $2.1M in 2018, a 21% decrease compared to previous year.
Brett D. Pynnonen, General Counsel, received $1.2M in 2018, which decreases by 9% compared to 2017.
Robert R. Vallance, Senior Vice President, Customer Business Groups, earned $935K in 2018, a 55% decrease compared to previous year.
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Source: SEC filing on April 26, 2019.