WestRock Co CEO David Sewell's 2022 pay falls 45% to $12M
WestRock Co reports 2022 executive compensation
By ExecPay News
Published: December 15, 2022
WestRock Co reported fiscal year 2022 executive compensation information on December 15, 2022.
In 2022, six executives at WestRock Co received on average a compensation package of $5.9M, a 11% decrease compared to previous year.
Average pay of disclosed executives at WestRock Co
David B. Sewell, Chief Executive Officer, received $12M in total, which decreased by 45% compared to 2021. 66% of Sewell's compensation, or $7.6M, was in stock awards. Sewell also received $2.3M in non-equity incentive plan, $1.2M in salary, as well as $437K in other compensation.
Alexander W. Pease, Chief Financial Officer, received a compensation package of $8.5M. 70% of the compensation package, or $6M, was in stock awards.
Denise R. Singleton, General Counsel, earned $6M in 2022.
Ward H. Dickson, Chief Financial Officer, received $3.1M in 2022, which decreases by 33% compared to 2021.
Patrick M. Kivits, President, Corrugated Packaging, earned $3.1M in 2022, a 3% decrease compared to previous year.
Thomas M. Stigers, President, Mill Operations, received $2.9M in 2022.
WestRock Co's fiscal year ends on September 30.
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Source: SEC filing on December 15, 2022.