Atkore CEO William Waltz's 2019 pay jumps 255% to $6.3M
Atkore reports 2019 executive compensation
By ExecPay News
Published: December 13, 2019
Atkore reported fiscal year 2019 executive compensation information on December 13, 2019.
In 2019, six Atkore executives received on average a compensation package of $2M, a 6% decrease compared to previous year.
Average pay of disclosed executives at Atkore
William E. Waltz Jr, Chief Executive Officer, received $6.3M in total, which increased by 255% compared to 2018. 47% of Waltz's compensation, or $3M, was in option awards. Waltz also received $905K in non-equity incentive plan, $700K in salary, $1.7M in stock awards, as well as $29K in other compensation.
For fiscal year 2019, the median employee pay was $43,472 at Atkore. Therefore, the ratio of William E. Waltz Jr's pay to the median employee pay was 146 to one.
David P. Johnson, Chief Financial Officer, received a compensation package of $1.5M, which increased by 92% compared to previous year. 32% of the compensation package, or $482K, was in salary.
Peter J. Lariviere, President, Cable Solutions, earned $1.2M in 2019, a 9% increase compared to previous year.
Daniel S. Kelly, General Counsel, received $1.1M in 2019, which increases by 8% compared to 2018.
Mark F. Lamps, Group President, earned $1M in 2019.
John W. Pregenzer, BU President, Electrical, received $924K in 2019.
Atkore's fiscal year ends on September 30.
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Source: SEC filing on December 13, 2019.