Yum China Holdings CEO Joey Wat's 2020 pay jumps 74% to $21M
Yum China Holdings reports 2020 executive compensation
By ExecPay News
Published: April 15, 2021
Yum China Holdings reported fiscal year 2020 executive compensation information on April 15, 2021.
In 2020, five executives at Yum China Holdings received on average a compensation package of $7.6M, a 67% increase compared to previous year.
Average pay of disclosed executives at Yum China Holdings
Joey Wat, Chief Executive Officer, received $21M in total, which increased by 74% compared to 2019. 68% of Wat's compensation, or $15M, was in stock awards. Wat also received $2.5M in non-equity incentive plan, $2.5M in option awards, $1.2M in salary, as well as $518K in other compensation.
For fiscal year 2020, the median employee pay was $5,507 at Yum China Holdings. Therefore, the ratio of Joey Wat's pay to the median employee pay was 3,844 to one.
Andy Yeung, Chief Financial Officer, received a compensation package of $4.7M, which increased by 204% compared to previous year. 55% of the compensation package, or $2.6M, was in stock awards.
Danny Tan, Chief Supply Chain Officer, earned $4.3M in 2020, a 28% increase compared to previous year.
Johnson Huang, General Manager, KFC, received $4.2M in 2020, which increases by 15% compared to 2019.
Aiken Yuen, Chief People Officer, earned $3.8M in 2020, a 76% increase compared to previous year.
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Source: SEC filing on April 15, 2021.