Marc R. Bitzer
2020
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $1,957,677 |
|---|---|
| Non-Equity Incentive Plan | $4,208,000 |
| Option Awards | $3,029,689 |
| Salary | $1,255,208 |
| Stock Awards | $6,428,294 |
| Other | $172,541 |
| Total | $17,051,409 |
Bitzer received $6.4M in stock awards, accounting for 38% of the total pay in 2020.
Bitzer also received $2M of change in pension value and nonqualified deferred compensation earnings, $4.2M in non-equity incentive plan, $3M in option awards, $1.3M in salary and $172.5K in other compensation.
Rankings
In 2020, Marc R. Bitzer's compensation ranked 308th out of 13,090 executives tracked by ExecPay. In other words, Bitzer earned more than 97.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 308 out of 13,090 | 98th |
Division Manufacturing | 100 out of 5,617 | 98th |
Major group Electronic And Other Electrical Equipment And Components, Except Computer Equipment | 17 out of 731 | 98th |
Industry group Household Appliances | 1 out of 24 | 96th |
Pay ratio
| Marc R. Bitzer's Pay | $17,051,409 |
|---|---|
| Median Employee's Pay | $22,113 |
| Pay Ratio | 771to 1 |
In 2020, the annual total compensation of Marc R. Bitzer was $17,051,409.
The annual total compensation of the median employee at Whirlpool was $22,113.
The ratio of Marc R. Bitzer's pay to the pay of median employee was therefore 771 to one.
Bitzer's colleagues
We found five more compensation records of executives who worked with Marc R. Bitzer at Whirlpool in 2020.
2020
Joseph Liotine
Whirlpool
Executive Vice President and President, Whirlpool North America
2020
James Peters
Whirlpool
Chief Financial Officer
2020
Shengpo Wu
Whirlpool
Executive Vice President and President Asia
2020
Gilles Morel
Whirlpool
Executive Vice President and President, EMEA
2020
João Brega
Whirlpool