Advanced Energy Industries CEO Yuval Wasserman's 2020 pay jumps 26% to $5.8M
Advanced Energy Industries reports 2020 executive compensation
By ExecPay News
Published: March 10, 2021
Advanced Energy Industries reported fiscal year 2020 executive compensation information on March 10, 2021.
In 2020, five executives at Advanced Energy Industries received on average a compensation package of $2.7M, a 16% increase compared to previous year.
Average pay of disclosed executives at Advanced Energy Industries
Yuval Wasserman, Chief Executive Officer, received $5.8M in total, which increased by 26% compared to 2019. 51% of Wasserman's compensation, or $2.9M, was in stock awards. Wasserman also received $2M in non-equity incentive plan, $800K in salary, as well as $18K in other compensation.
For fiscal year 2020, the median employee pay was $6,459 at Advanced Energy Industries. Therefore, the ratio of Yuval Wasserman's pay to the median employee pay was 897 to one.
Paul Oldham, Chief Financial Officer, received a compensation package of $2.6M, which increased by 62% compared to previous year. 48% of the compensation package, or $1.3M, was in non-equity incentive plan.
Thomas O. McGimpsey, Chief Administrative Officer, earned $2M in 2020, a 60% increase compared to previous year.
Dana Huth, Executive Vice President and Chief Revenue Officer, received $1.6M in 2020.
Neil Brinker, Chief Operating Officer, earned $1.3M in 2020, a 26% decrease compared to previous year.
Related executives
Yuval Wasserman
Advanced Energy Industries
Chief Executive Officer
Paul Oldham
Advanced Energy Industries
Chief Financial Officer
Neil Brinker
Advanced Energy Industries
Chief Operating Officer
Thomas McGimpsey
Advanced Energy Industries
General Counsel
Dana Huth
Advanced Energy Industries
Former Executive Vice President and Chief Revenue Officer
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Source: SEC filing on March 10, 2021.