Air Lease Chairman Steven Udvar-Házy's 2019 pay stays at $8.1M
Air Lease reports 2019 executive compensation
By ExecPay News
Published: March 19, 2020
Air Lease reported fiscal year 2019 executive compensation information on March 19, 2020.
In 2019, five Air Lease executives received on average a compensation package of $5.1M, a 3% increase compared to previous year.
Average pay of disclosed executives at Air Lease
Steven F. Udvar-Házy, Chairman, received $8.1M in total, which is about the same as previous year. 74% of Udvar-Házy's compensation, or $6M, was in stock awards. Udvar-Házy also received $1.8M in salary and $283K in other compensation.
For fiscal year 2019, the median employee pay was $185,375 at Air Lease. Therefore, the ratio of Steven F. Udvar-Házy's pay to the median employee pay was 44 to one.
John L. Plueger, Chief Executive Officer, received a compensation package of $7.9M, which increased by 3% compared to previous year. 60% of the compensation package, or $4.7M, was in stock awards.
Jie Chen, Executive Vice President Managing Director, Asia, earned $3.7M in 2019, a 6% increase compared to previous year.
Grant A. Levy, Executive Vice President, received $3M in 2019, which decreases by 1% compared to 2018.
Gregory B. Willis, Chief Financial Officer, earned $2.6M in 2019, a 10% increase compared to previous year.
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Source: SEC filing on March 19, 2020.