Lee C. Banks

Parker-Hannifin

President and Chief Operating Officer

Overview

Lee C. Banks received an average compensation of $6,971,660 at Parker-Hannifin from 2013 to 2018.

Annual data

2018

Change in Pension Value and Nonqualified Deferred Compensation Earnings$2,102,817
Non-Equity Incentive Plan$1,417,466
Option Awards$1,419,098
Salary$950,000
Stock Awards$2,909,002
Other$150,410
Total$8,948,793

In 2018, Lee C. Banks earned a total compensation of $8,948,793 as President and Chief Operating Officer at Parker-Hannifin.

Banks received $2,909,002 in stock awards, which accounts for 32.51% of total compensation.

Banks also received $2,102,817 of change in pension value and nonqualified deferred compensation earnings, $1,417,466 in non-equity incentive plan, $1,419,098 in option awards, $950,000 in salary and $150,410 in other compensation.

2017

Change in Pension Value and Nonqualified Deferred Compensation Earnings$931,306
Non-Equity Incentive Plan$1,622,363
Option Awards$1,422,993
Salary$900,000
Stock Awards$2,571,744
Other$166,586
Total$7,614,992

In 2017, Lee C. Banks earned a total compensation of $7,614,992 as President and Chief Operating Officer at Parker-Hannifin.

Banks received $2,571,744 in stock awards, which accounts for 33.77% of total compensation.

Banks also received $931,306 of change in pension value and nonqualified deferred compensation earnings, $1,622,363 in non-equity incentive plan, $1,422,993 in option awards, $900,000 in salary and $166,586 in other compensation.

2016

Change in Pension Value and Nonqualified Deferred Compensation Earnings$2,093,986
Non-Equity Incentive Plan$1,222,471
Option Awards$1,247,680
Salary$850,000
Stock Awards$1,532,957
Other$102,660
Total$7,049,754

In 2016, Lee C. Banks earned a total compensation of $7,049,754 as President and Chief Operating Officer at Parker-Hannifin.

Banks received $2,093,986 of change in pension value and nonqualified deferred compensation earnings, which accounts for 29.70% of total compensation.

Banks also received $1,222,471 in non-equity incentive plan, $1,247,680 in option awards, $850,000 in salary, $1,532,957 in stock awards and $102,660 in other compensation.

2015

Change in Pension Value and Nonqualified Deferred Compensation Earnings$442,954
Non-Equity Incentive Plan$987,524
Option Awards$1,900,379
Salary$795,167
Stock Awards$2,818,417
Other$144,090
Total$7,088,531

In 2015, Lee C. Banks earned a total compensation of $7,088,531 as President and Chief Operating Officer at Parker-Hannifin.

Banks received $2,818,417 in stock awards, which accounts for 39.76% of total compensation.

Banks also received $442,954 of change in pension value and nonqualified deferred compensation earnings, $987,524 in non-equity incentive plan, $1,900,379 in option awards, $795,167 in salary and $144,090 in other compensation.

2014

Change in Pension Value and Nonqualified Deferred Compensation Earnings$1,101,243
Non-Equity Incentive Plan$823,952
Option Awards$1,539,161
Salary$720,000
Stock Awards$1,260,840
Other$96,292
Total$5,541,488

In 2014, Lee C. Banks earned a total compensation of $5,541,488 as President and Chief Operating Officer at Parker-Hannifin.

Banks received $1,539,161 in option awards, which accounts for 27.78% of total compensation.

Banks also received $1,101,243 of change in pension value and nonqualified deferred compensation earnings, $823,952 in non-equity incentive plan, $720,000 in salary, $1,260,840 in stock awards and $96,292 in other compensation.

2013

Change in Pension Value and Nonqualified Deferred Compensation Earnings$573,735
Non-Equity Incentive Plan$776,738
Option Awards$1,886,453
Salary$689,000
Stock Awards$1,508,652
Other$151,826
Total$5,586,404

In 2013, Lee C. Banks earned a total compensation of $5,586,404 as President and Chief Operating Officer at Parker-Hannifin.

Banks received $1,886,453 in option awards, which accounts for 33.77% of total compensation.

Banks also received $573,735 of change in pension value and nonqualified deferred compensation earnings, $776,738 in non-equity incentive plan, $689,000 in salary, $1,508,652 in stock awards and $151,826 in other compensation.