Richard P. Lavin
2012
In 2012, Richard P. Lavin earned a total compensation of $11.9M as Group President at Caterpillar, a 99% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $4,001,232 |
|---|---|
| Non-Equity Incentive Plan | $1,626,271 |
| Option Awards | $4,290,222 |
| Salary | $816,210 |
| Stock Awards | $128,275 |
| Other | $1,013,268 |
| Total | $11,875,478 |
Lavin received $4.3M in option awards, accounting for 36% of the total pay in 2012.
Lavin also received $4M of change in pension value and nonqualified deferred compensation earnings, $1.6M in non-equity incentive plan, $816.2K in salary, $128.3K in stock awards and $1M in other compensation.
Rankings
In 2012, Richard P. Lavin's compensation ranked 302nd out of 11,487 executives tracked by ExecPay. In other words, Lavin earned more than 97.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 302 out of 11,487 | 97th |
Division Manufacturing | 115 out of 4,252 | 97th |
Major group Industrial And Commercial Machinery And Computer Equipment | 20 out of 416 | 95th |
Industry group Construction, Mining, And Materials Handling | 4 out of 56 | 93rd |
Industry Construction Machinery and Equipment | 2 out of 16 | 88th |
Source: SEC filing on April 22, 2013.
Lavin's colleagues
We found five more compensation records of executives who worked with Richard P. Lavin at Caterpillar in 2012.