Sivasankaran Somasundaram
2016
In 2016, Sivasankaran Somasundaram earned a total compensation of $2M as President & Chief Executive Officer, Dover Energy at Dover, a 1% decrease compared to previous year.
Compensation breakdown
| Bonus | $355,000 |
|---|---|
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $222,090 |
| Option Awards | $355,313 |
| Salary | $502,000 |
| Stock Awards | $550,001 |
| Other | $13,832 |
| Total | $1,998,236 |
Somasundaram received $550K in stock awards, accounting for 28% of the total pay in 2016.
Somasundaram also received $355K in bonus, $222.1K of change in pension value and nonqualified deferred compensation earnings, $355.3K in option awards, $502K in salary and $13.8K in other compensation.
Rankings
In 2016, Sivasankaran Somasundaram's compensation ranked 4,885th out of 14,075 executives tracked by ExecPay. In other words, Somasundaram earned more than 65.3% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 4,885 out of 14,075 | 65th |
Division Manufacturing | 1,738 out of 5,486 | 68th |
Major group Industrial And Commercial Machinery And Computer Equipment | 142 out of 459 | 69th |
Industry group Construction, Mining, And Materials Handling | 18 out of 49 | 63rd |
Source: SEC filing on March 23, 2017.
Somasundaram's colleagues
We found four more compensation records of executives who worked with Sivasankaran Somasundaram at Dover in 2016.