Lee C. Banks
2017
In 2017, Lee C. Banks earned a total compensation of $7.6M as President and Chief Operating Officer at Parker-Hannifin, a 8% increase compared to previous year.
Compensation breakdown
| 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 |
Banks received $2.6M in stock awards, accounting for 34% of the total pay in 2017.
Banks also received $931.3K of change in pension value and nonqualified deferred compensation earnings, $1.6M in non-equity incentive plan, $1.4M in option awards, $900K in salary and $166.6K in other compensation.
Rankings
In 2017, Lee C. Banks' compensation ranked 1,030th out of 14,666 executives tracked by ExecPay. In other words, Banks earned more than 93.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,030 out of 14,666 | 93rd |
Division Manufacturing | 351 out of 5,770 | 94th |
Major group Fabricated Metal Products, Except Machinery And Transportation Equipment | 9 out of 168 | 95th |
Industry group Miscellaneous Fabricated Metal Products | 3 out of 40 | 93rd |
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 2017.
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