Lee C. Banks
2019
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $2,632,389 |
|---|---|
| Non-Equity Incentive Plan | $1,738,634 |
| Option Awards | $1,341,382 |
| Salary | $1,000,000 |
| Stock Awards | $4,828,211 |
| Other | $234,326 |
| Total | $11,774,942 |
Banks received $4.8M in stock awards, accounting for 41% of the total pay in 2019.
Banks also received $2.6M of change in pension value and nonqualified deferred compensation earnings, $1.7M in non-equity incentive plan, $1.3M in option awards, $1M in salary and $234.3K in other compensation.
Rankings
In 2019, Lee C. Banks' compensation ranked 559th out of 13,971 executives tracked by ExecPay. In other words, Banks earned more than 96.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 559 out of 13,971 | 96th |
Division Manufacturing | 197 out of 5,692 | 97th |
Major group Fabricated Metal Products, Except Machinery And Transportation Equipment | 10 out of 163 | 94th |
Industry group Miscellaneous Fabricated Metal Products | 2 out of 37 | 95th |
Pay ratio
| Lee C. Banks' Pay | $11,774,942 |
|---|---|
| Median Employee's Pay | $57,282 |
| Pay Ratio | 206to 1 |
In 2019, the annual total compensation of Lee C. Banks was $11,774,942.
The annual total compensation of the median employee at Parker-Hannifin was $57,282.
The ratio of Lee C. Banks' pay to the pay of median employee was therefore 206 to one.
Banks' colleagues
We found five more compensation records of executives who worked with Lee C. Banks at Parker-Hannifin in 2019.
2019
Thomas Williams
Parker-Hannifin
Chief Executive Officer
2019
Catherine Suever
Parker-Hannifin
Chief Financial Officer
2019
Robert Malone
Parker-Hannifin
Vice President and President Filtration Group
2019
Jennifer Parmentier
Parker-Hannifin
Vice President and President Motion Systems Group
2019
Joseph Leonti
Parker-Hannifin
General Counsel
News
September 23, 2022
September 28, 2020
September 23, 2019
September 24, 2018