Welbilt CEO William Johnson's 2020 pay slips 1% to $4.3M
Welbilt reports 2020 executive compensation
By ExecPay News
Published: March 15, 2021
Welbilt reported fiscal year 2020 executive compensation information on March 15, 2021.
In 2020, six Welbilt executives received on average a compensation package of $2M, a 3% increase compared to previous year.
Average pay of disclosed executives at Welbilt
William C. Johnson, Chief Executive Officer, received $4.3M in total, which decreased by 1% compared to 2019. 48% of Johnson's compensation, or $2.1M, was in stock awards. Johnson also received $819K in non-equity incentive plan, $517K in option awards, $845K in salary, as well as $45K in other compensation.
For fiscal year 2020, the median employee pay was $42,086 at Welbilt. Therefore, the ratio of William C. Johnson's pay to the median employee pay was 102 to one.
Josef Matosevic, Chief Operating Officer, received a compensation package of $2.4M, which increased by 31% compared to previous year. 32% of the compensation package, or $748K, was in other compensation.
Martin D. Agard, Chief Financial Officer, earned $2.1M in 2020, a 57% increase compared to previous year.
Joel H. Horn, General Counsel, received $1.2M in 2020, which increases by 9% compared to 2019.
Richard N. Caron, Executive Vice President and Chief Innovation Officer, earned $1.2M in 2020, a 18% increase compared to previous year.
Jennifer Gudenkauf, Executive Vice President and Chief Human Resource Officer, received $726K in 2020.
Related executives
William Johnson
Welbilt
Chief Executive Officer
Martin Agard
Welbilt
Chief Financial Officer
Josef Matosevic
Welbilt
Chief Operating Officer
Joel Horn
Welbilt
General Counsel
Richard Caron
Welbilt
Executive Vice President and Chief Innovation Officer
Jennifer Gudenkauf
Welbilt
Executive Vice President and Chief Human Resource Officer
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Source: SEC filing on March 15, 2021.