WESCO International CEO John Engel's 2018 pay rises 7% to $7.4M
WESCO International reports 2018 executive compensation
By ExecPay News
Published: April 15, 2019
WESCO International reported fiscal year 2018 executive compensation information on April 15, 2019.
In 2018, five executives at WESCO International received on average a compensation package of $2.7M, a 3% increase compared to previous year.
Average pay of disclosed executives at WESCO International
John J. Engel, Chief Executive Officer, received $7.4M in total, which increased by 7% compared to 2017. 31% of Engel's compensation, or $2.3M, was in stock awards. Engel also received $1.7M in non-equity incentive plan, $2.3M in option awards, $1M in salary, as well as $103K in other compensation.
For fiscal year 2018, the median employee pay was $55,167 at WESCO International. Therefore, the ratio of John J. Engel's pay to the median employee pay was 135 to one.
David S. Schulz, Chief Financial Officer, received a compensation package of $2.6M, which increased by 6% compared to previous year. 27% of the compensation package, or $700K, was in option awards.
Diane E. Lazzaris, SVP and GC, earned $1.5M in 2018, a 12% increase compared to previous year.
Robert Minicozzi, Chief Investment Officer, received $987K in 2018, which increases by 9% compared to 2017.
Christine A. Wolf, Chief Human Resources Officer, earned $820K in 2018.
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Source: SEC filing on April 15, 2019.