Lee C. Banks
2022
In 2022, Lee C. Banks earned a total compensation of $7.9M as Vice Chairman and President at Parker-Hannifin, a 3% decrease compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $2,018,734 |
|---|---|
| Option Awards | $1,936,799 |
| Salary | $1,112,500 |
| Stock Awards | $2,624,120 |
| Other | $244,187 |
| Total | $7,936,340 |
Banks received $2.6M in stock awards, accounting for 33% of the total pay in 2022.
Banks also received $2M in non-equity incentive plan, $1.9M in option awards, $1.1M in salary and $244.2K in other compensation.
Rankings
In 2022, Lee C. Banks' compensation ranked 346th out of 5,387 executives tracked by ExecPay. In other words, Banks earned more than 93.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 346 out of 5,387 | 94th |
Division Manufacturing | 139 out of 2,922 | 95th |
Major group Fabricated Metal Products, Except Machinery And Transportation Equipment | 3 out of 69 | 96th |
Industry group Miscellaneous Fabricated Metal Products | 2 out of 5 | 60th |
Source: SEC filing on September 23, 2022.
Banks' colleagues
We found four more compensation records of executives who worked with Lee C. Banks at Parker-Hannifin in 2022.
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