Watts Water Technologies CEO Robert Pagano's 2021 pay jumps 33% to $7.1M
Watts Water Technologies reports 2021 executive compensation
By ExecPay News
Published: March 23, 2022
Watts Water Technologies reported fiscal year 2021 executive compensation information on March 23, 2022.
In 2021, five executives at Watts Water Technologies received on average a compensation package of $2.9M, a 26% increase compared to previous year.
Average pay of disclosed executives at Watts Water Technologies
Robert J. Pagano, Jr, Chief Executive Officer, received $7.1M in total, which increased by 33% compared to 2020. 55% of Pagano's compensation, or $3.9M, was in stock awards. Pagano also received $2.1M in non-equity incentive plan, $964K in salary, as well as $75K in other compensation.
For fiscal year 2021, the median employee pay was $46,445 at Watts Water Technologies. Therefore, the ratio of Robert J. Pagano, Jr's pay to the median employee pay was 152 to one.
Munish Nanda, President, Americas & Europe, received a compensation package of $2.1M, which increased by 10% compared to previous year. 39% of the compensation package, or $803K, was in stock awards.
Elie A. Melhem, President, Asia, Pacific, the Middle East & Africa, earned $1.9M in 2021, a 22% increase compared to previous year.
Shashank Patel, Chief Financial Officer, received $1.9M in 2021, which increases by 27% compared to 2020.
Kenneth R. Lepage, General Counsel, earned $1.7M in 2021, a 25% increase 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, 2022.