Ametek reports 2018 executive compensation
CEO David A. Zapico receives $8.8M
Ametek reported fiscal year 2018 executive compensation information on March 12, 2019.
In 2018, five Ametek executives received on average a compensation package of $3,474,227, a 8% increase compared to previous year.Average pay of disclosed executives at Ametek
David A. Zapico, Chief Executive Officer, received $8,762,155 in total, which increased by 13% compared to 2017. 31.48% of Zapico's compensation, or $2,758,680, was in stock awards. Zapico also received $528,000 in bonus, $2,071,520 in non-equity incentive plan, $1,720,145 in option awards, $1,200,000 in salary, as well as $483,810 in other compensation.
For fiscal year 2018, the median employee pay was $81,314 at Ametek. Therefore, the ratio of David A. Zapico's pay to the median employee pay was 108 to one.
William J. Burke, Chief Financial Officer, received a compensation package of $3,004,647, which increased by 4% compared to previous year. 30.20% of the compensation package, or $907,343, was in stock awards.
John W. Hardin, President Electronic Instruments, earned $1,957,304 in 2018, a 5% decrease compared to previous year.
Timothy N. Jones, President Electromechanical Group, received $1,871,786 in 2018, which decreases by 17% compared to 2017.
Thomas C. Marecic, President Electronic Instruments, earned $1,775,244 in 2018.