Altra Industrial Motion CEO Carl Christenson's 2020 pay rises 11% to $6.2M

Altra Industrial Motion reports 2020 executive compensation

By ExecPay News

Published: March 25, 2021

Altra Industrial Motion reported fiscal year 2020 executive compensation information on March 25, 2021.
In 2020, five executives at Altra Industrial Motion received on average a compensation package of $2.3M, a 23% increase compared to previous year.
Average pay of disclosed executives at Altra Industrial Motion
Carl R. Christenson, Chief Executive Officer, received $6.2M in total, which increased by 11% compared to 2019. 41% of Christenson's compensation, or $2.6M, was in stock awards. Christenson also received $1.8M in non-equity incentive plan, $851K in option awards, $927K in salary, as well as $124K in other compensation.
Christian Storch, Chief Financial Officer, received a compensation package of $2.1M, which increased by 10% compared to previous year. 32% of the compensation package, or $662K, was in stock awards.
Glenn Deegan, General Counsel, earned $1.5M in 2020, a 8% increase compared to previous year.
Craig Schuele, Executive Vice President, Marketing and Business Development, received $967K in 2020, which increases by 8% compared to 2019.
Todd Patriacca, Vice President Finance, Corporate Controller and Treasurer, earned $801K in 2020, a 25% increase compared to previous year.

Related executives

Carl Christenson

Altra Industrial Motion

Chief Executive Officer

Christian Storch

Altra Industrial Motion

Chief Financial Officer

Glenn Deegan

Altra Industrial Motion

Chief Legal and Human Resources Officer

Craig Schuele

Altra Industrial Motion

Executive Vice President, Marketing and Business Development

Todd Patriacca

Altra Industrial Motion

Chief Financial Officer

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Source: SEC filing on March 25, 2021.