ADTRAN CEO Thomas Stanton's 2020 pay jumps 48% to $2.9M
ADTRAN reports 2020 executive compensation
By ExecPay News
Published: March 30, 2021
ADTRAN reported fiscal year 2020 executive compensation information on March 30, 2021.
In 2020, five ADTRAN executives received on average a compensation package of $1.3M, a 46% increase compared to previous year.
Average pay of disclosed executives at ADTRAN
Thomas R. Stanton, Chief Executive Officer, received $2.9M in total, which increased by 48% compared to 2019. 64% of Stanton's compensation, or $1.8M, was in stock awards. Stanton also received $362K in non-equity incentive plan, $676K in salary, as well as $14K in other compensation.
For fiscal year 2020, the median employee pay was $96,353 at ADTRAN. Therefore, the ratio of Thomas R. Stanton's pay to the median employee pay was 30 to one.
Michael Foliano, Chief Financial Officer, received a compensation package of $1M, which increased by 57% compared to previous year. 54% of the compensation package, or $550K, was in stock awards.
Ronald D. Centis, Senior Vice President of Operations, earned $926K in 2020.
James D. Wilson, Jr, Chief Revenue Officer, received $924K in 2020, which increases by 41% compared to 2019.
Eduard Scheiterer, Senior Vice President of Research and Development, earned $740K in 2020, a 24% decrease compared to previous year.
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Source: SEC filing on March 30, 2021.