D. Chad Utermark
2021
In 2021, D. Chad Utermark earned a total compensation of $4.4M as Executive Vice President at Nucor, a 36% decrease compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $990,000 |
|---|---|
| Option Awards | $250,000 |
| Salary | $550,000 |
| Stock Awards | $2,452,789 |
| Other | $177,365 |
| Total | $4,420,154 |
Utermark received $2.5M in stock awards, accounting for 55% of the total pay in 2021.
Utermark also received $990K in non-equity incentive plan, $250K in option awards, $550K in salary and $177.4K in other compensation.
Rankings
In 2021, D. Chad Utermark's compensation ranked 3,003rd out of 12,405 executives tracked by ExecPay. In other words, Utermark earned more than 75.8% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 3,003 out of 12,405 | 76th |
Division Manufacturing | 1,203 out of 5,494 | 78th |
Major group Primary Metal Industries | 33 out of 105 | 69th |
Industry group Steel Works, Blast Furnaces, And Rolling And Finishing Mills | 16 out of 44 | 64th |
Industry Steel Works, Blast Furnaces (Including Coke Ovens), and Rolling Mills | 15 out of 37 | 60th |
Pay ratio
| D. Chad Utermark's Pay | $4,420,154 |
|---|---|
| Median Employee's Pay | $142,635 |
| Pay Ratio | 31to 1 |
In 2021, the annual total compensation of D. Chad Utermark was $4,420,154.
The annual total compensation of the median employee at Nucor was $142,635.
The ratio of D. Chad Utermark's pay to the pay of median employee was therefore 31 to one.
Source: SEC filing on March 25, 2022.
Utermark's colleagues
We found four more compensation records of executives who worked with D. Chad Utermark at Nucor in 2021.