Advanced Energy Industries CEO Yuval Wasserman's 2019 pay rises 7% to $4.6M
Advanced Energy Industries reports 2019 executive compensation
By ExecPay News
Published: March 10, 2020
Advanced Energy Industries reported fiscal year 2019 executive compensation information on March 10, 2020.
In 2019, four executives at Advanced Energy Industries received on average a compensation package of $2.3M, a 48% increase compared to previous year.
Average pay of disclosed executives at Advanced Energy Industries
Yuval Wasserman, Chief Executive Officer, received $4.6M in total, which increased by 7% compared to 2018. 70% of Wasserman's compensation, or $3.2M, was in stock awards. Wasserman also received $635K in non-equity incentive plan, $721K in salary, as well as $11K in other compensation.
For fiscal year 2019, the median employee pay was $46,644 at Advanced Energy Industries. Therefore, the ratio of Yuval Wasserman's pay to the median employee pay was 99 to one.
Neil Brinker, Chief Operating Officer, received a compensation package of $1.7M, which increased by 29% compared to previous year. 60% of the compensation package, or $1M, was in stock awards.
Paul Oldham, Chief Financial Officer, earned $1.6M in 2019, a 74% increase compared to previous year.
Thomas O. McGimpsey, General Counsel, received $1.3M in 2019, which increases by 8% compared to 2018.
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Source: SEC filing on March 10, 2020.