Watts Water Technologies CEO Robert Pagano's 2019 pay stays at $5.9M
Watts Water Technologies reports 2019 executive compensation
By ExecPay News
Published: March 23, 2020
Watts Water Technologies reported fiscal year 2019 executive compensation information on March 23, 2020.
In 2019, five executives at Watts Water Technologies received on average a compensation package of $2.5M, a 4% increase compared to previous year.
Average pay of disclosed executives at Watts Water Technologies
Robert J. Pagano, Jr, Chief Executive Officer, received $5.9M in total, which is about the same as previous year. 60% of Pagano's compensation, or $3.5M, was in stock awards. Pagano also received $1.4M in non-equity incentive plan, $923K in salary, as well as $74K in other compensation.
For fiscal year 2019, the median employee pay was $49,227 at Watts Water Technologies. Therefore, the ratio of Robert J. Pagano, Jr's pay to the median employee pay was 119 to one.
Munish Nanda, President, Americas & Europe, received a compensation package of $1.8M, which decreased by 25% compared to previous year. 44% of the compensation package, or $786K, was in stock awards.
Elie A. Melhem, President, Asia, Pacific, the Middle East & Africa, earned $1.6M in 2019, a 8% increase compared to previous year.
Shashank Patel, Chief Financial Officer, received $1.5M in 2019, which decreases by 20% compared to 2018.
Kenneth R. Lepage, General Counsel, earned $1.5M in 2019, a 5% decrease compared to previous year.
Related executives
Robert Pagano
Watts Water Technologies
Chief Executive Officer
Shashank Patel
Watts Water Technologies
Chief Financial Officer
Munish Nanda
Watts Water Technologies
President, Americas & Europe
Elie Melhem
Watts Water Technologies
President, Asia, Pacific, the Middle East & Africa
Kenneth Lepage
Watts Water Technologies
General Counsel
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Source: SEC filing on March 23, 2020.