Argan CEO Rainer Bosselmann's 2022 pay jumps 83% to $1.9M
Argan reports 2022 executive compensation
By ExecPay News
Published: April 29, 2022
Argan reported fiscal year 2022 executive compensation information on April 29, 2022.
In 2022, four Argan executives received on average a compensation package of $1.7M, a 68% increase compared to previous year.
Average pay of disclosed executives at Argan
Rainer H. Bosselmann, Chief Executive Officer, received $1.9M in total, which increased by 83% compared to 2021. 69% of Bosselmann's compensation, or $1.3M, was in stock awards. Bosselmann also received $225K in bonus, $139K in option awards, $225K in salary, as well as $1.9K in other compensation.
For fiscal year 2022, the median employee pay was $85,649 at Argan. Therefore, the ratio of Rainer H. Bosselmann's pay to the median employee pay was 22 to one.
Charles E. Collins IV, Chief Executive Offier, Gemma, received a compensation package of $1.6M, which increased by 55% compared to previous year. 49% of the compensation package, or $816K, was in non-equity incentive plan.
T. Colin Trebilcock, President, Gemma, earned $1.6M in 2022, a 53% increase compared to previous year.
David H. Watson, Chief Financial Officer, received $1.6M in 2022, which increases by 87% compared to 2021.
Argan's fiscal year ends on January 31.
Related executives
You may also like
Source: SEC filing on April 29, 2022.