Willis Lease Finance CEO Charles Willis' 2018 pay jumps 48% to $8M
Willis Lease Finance reports 2018 executive compensation
By ExecPay News
Published: April 23, 2019
Willis Lease Finance reported fiscal year 2018 executive compensation information on April 23, 2019.
In 2018, five executives at Willis Lease Finance received on average a compensation package of $3M, a 56% increase compared to previous year.
Average pay of disclosed executives at Willis Lease Finance
Charles F. Willis, IV, Chief Executive Officer, received $8M in total, which increased by 48% compared to 2017. 51% of Willis' compensation, or $4.1M, was in stock awards. Willis also received $2.5M in non-equity incentive plan, $1.1M in salary, as well as $390K in other compensation.
For fiscal year 2018, the median employee pay was $104,881 at Willis Lease Finance. Therefore, the ratio of Charles F. Willis, IV's pay to the median employee pay was 77 to one.
Scott B. Flaherty, Chief Financial Officer, received a compensation package of $2.2M, which increased by 96% compared to previous year. 42% of the compensation package, or $908K, was in stock awards.
Brian R. Hole, President, earned $2.1M in 2018, a 36% increase compared to previous year.
Dean M. Poulakidas, General Counsel, received $1.4M in 2018, which increases by 32% compared to 2017.
Austin C. Willis, Senior Vice President, Corporate Development, earned $1.3M in 2018, a 199% increase compared to previous year.
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Source: SEC filing on April 23, 2019.