Sivasankaran Somasundaram
2017
In 2017, Sivasankaran Somasundaram earned a total compensation of $2.7M as President & Chief Executive Officer, Dover Energy at Dover, a 38% increase compared to previous year.
Compensation breakdown
| Bonus | $970,000 |
|---|---|
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $322,496 |
| Option Awards | $350,458 |
| Salary | $535,000 |
| Stock Awards | $549,965 |
| Other | $21,903 |
| Total | $2,749,822 |
Somasundaram received $970K in bonus, accounting for 35% of the total pay in 2017.
Somasundaram also received $322.5K of change in pension value and nonqualified deferred compensation earnings, $350.5K in option awards, $535K in salary, $550K in stock awards and $21.9K in other compensation.
Rankings
In 2017, Sivasankaran Somasundaram's compensation ranked 3,993rd out of 14,666 executives tracked by ExecPay. In other words, Somasundaram earned more than 72.8% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 3,993 out of 14,666 | 73rd |
Division Manufacturing | 1,399 out of 5,768 | 76th |
Major group Industrial And Commercial Machinery And Computer Equipment | 138 out of 461 | 70th |
Industry group Construction, Mining, And Materials Handling | 27 out of 61 | 56th |
Source: SEC filing on March 22, 2018.
Somasundaram's colleagues
We found four more compensation records of executives who worked with Sivasankaran Somasundaram at Dover in 2017.