Ametek CEO David Zapico's 2018 pay rises 13% to $8.8M

Ametek reports 2018 executive compensation

Published: March 12, 2019

Ametek reported fiscal year 2018 executive compensation information on March 12, 2019.

In 2018, five Ametek executives received on average a compensation package of $3.5M, a 8% increase compared to previous year.

Average pay of disclosed executives at Ametek

David A. Zapico, Chief Executive Officer, received $8.8M in total, which increased by 13% compared to 2017. 31.48% of Zapico's compensation, or $2.8M, was in stock awards. Zapico also received $528K in bonus, $2.1M in non-equity incentive plan, $1.7M in option awards, $1.2M in salary, as well as $483.8K 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 $3M, which increased by 4% compared to previous year. 30.20% of the compensation package, or $907.3K, was in stock awards.

John W. Hardin, President Electronic Instruments, earned $2M in 2018, a 5% decrease compared to previous year.

Timothy N. Jones, President Electromechanical Group, received $1.9M in 2018, which decreases by 17% compared to 2017.

Thomas C. Marecic, President Electronic Instruments, earned $1.8M in 2018.