Lee C. Banks
2018
In 2018, Lee C. Banks earned a total compensation of $8.9M as President and Chief Operating Officer at Parker-Hannifin, a 18% increase compared to previous year.
Compensation breakdown
| 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 |
Banks received $2.9M in stock awards, accounting for 33% of the total pay in 2018.
Banks also received $2.1M of change in pension value and nonqualified deferred compensation earnings, $1.4M in non-equity incentive plan, $1.4M in option awards, $950K in salary and $150.4K in other compensation.
Rankings
In 2018, Lee C. Banks' compensation ranked 846th out of 14,244 executives tracked by ExecPay. In other words, Banks earned more than 94.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 846 out of 14,244 | 94th |
Division Manufacturing | 285 out of 5,758 | 95th |
Major group Fabricated Metal Products, Except Machinery And Transportation Equipment | 9 out of 155 | 94th |
Industry group Miscellaneous Fabricated Metal Products | 2 out of 39 | 95th |
Source: SEC filing on September 24, 2018.
Banks' colleagues
We found four more compensation records of executives who worked with Lee C. Banks at Parker-Hannifin in 2018.
News
Parker-Hannifin CEO Thomas Williams' 2022 pay rises 8% to $18M
September 23, 2022
Parker-Hannifin CEO Thomas Williams' 2020 pay rises 8% to $19M
September 28, 2020
Parker-Hannifin CEO Thomas Williams' 2019 pay slips 4% to $17M
September 23, 2019
Parker-Hannifin CEO Thomas Williams' 2018 pay rises 19% to $18M
September 24, 2018