ADTRAN CEO Thomas Stanton's 2018 pay falls 55% to $2M
ADTRAN reports 2018 executive compensation
By ExecPay News
Published: April 3, 2019
ADTRAN reported fiscal year 2018 executive compensation information on April 3, 2019.
In 2018, five ADTRAN executives received on average a compensation package of $995K, a 52% decrease compared to previous year.
Average pay of disclosed executives at ADTRAN
Thomas R. Stanton, Chief Executive Officer, received $2M in total, which decreased by 55% compared to 2017. 66% of Stanton's compensation, or $1.3M, was in stock awards. Stanton also received $656K in salary and $17K in other compensation.
For fiscal year 2018, the median employee pay was $80,317 at ADTRAN. Therefore, the ratio of Thomas R. Stanton's pay to the median employee pay was 25 to one.
Eduard Scheiterer, Senior Vice President - Research and Development, received a compensation package of $1M, which decreased by 41% compared to previous year. 51% of the compensation package, or $519K, was in other compensation.
Roger D. Shannon, Senior Vice President of Treasury and Corporate Development, earned $718K in 2018, a 53% decrease compared to previous year.
James D. Wilson, Jr, Senior Vice President of Technology and Strategy, received $638K in 2018, which decreases by 55% compared to 2017.
Michael Foliano, Chief Financial Officer, earned $607K in 2018, a 54% decrease compared to previous year.
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Source: SEC filing on April 3, 2019.