Altra Industrial Motion CEO Carl Christenson's 2019 pay jumps 58% to $5.6M

Altra Industrial Motion reports 2019 executive compensation

By ExecPay News

Published: March 26, 2020

Altra Industrial Motion reported fiscal year 2019 executive compensation information on March 26, 2020.
In 2019, five executives at Altra Industrial Motion received on average a compensation package of $2.1M, a 63% increase compared to previous year.
Average pay of disclosed executives at Altra Industrial Motion
Carl R. Christenson, Chief Executive Officer, received $5.6M in total, which increased by 58% compared to 2018. 51.57% of Christenson's compensation, or $2.9M, was in stock awards. Christenson also received $807.8K in non-equity incentive plan, $920.3K in option awards, $900K in salary, as well as $96.6K in other compensation.
Christian Storch, Chief Financial Officer, received a compensation package of $1.9M, which increased by 40% compared to previous year. 42.62% of the compensation package, or $797.5K, was in stock awards.
Glenn Deegan, General Counsel, earned $1.4M in 2019, a 29% increase compared to previous year.
Craig Schuele, Executive Vice President, Marketing and Business Development, received $894.3K in 2019, which increases by 17% compared to 2018.
Gerald Ferris, Executive Vice President of Global Sales, earned $811.4K in 2019, a 100% increase compared to previous year.

Related executives

Carl Christenson

Altra Industrial Motion

Chief Executive Officer

Christian Storch

Altra Industrial Motion

Chief Financial Officer

Gerald Ferris

Altra Industrial Motion

Executive Vice President of Global Sales

Glenn Deegan

Altra Industrial Motion

General Counsel

Craig Schuele

Altra Industrial Motion

Executive Vice President, Marketing and Business Development

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Source: SEC filing on March 26, 2020.