AZZ CEO Thomas Ferguson's 2019 pay jumps 62% to $2.8M
AZZ reports 2019 executive compensation
By ExecPay News
Published: May 28, 2019
AZZ reported fiscal year 2019 executive compensation information on May 28, 2019.
In 2019, five AZZ executives received on average a compensation package of $1.3M, a 58% increase compared to previous year.
Average pay of disclosed executives at AZZ
Thomas E. Ferguson, Chief Executive Officer, received $2.8M in total, which increased by 62% compared to 2018. 43% of Ferguson's compensation, or $1.2M, was in stock awards. Ferguson also received $845K in non-equity incentive plan, $725K in salary, as well as $13K in other compensation.
For fiscal year 2019, the median employee pay was $56,540 at AZZ. Therefore, the ratio of Thomas E. Ferguson's pay to the median employee pay was 49 to one.
Paul W. Fehlman, Chief Financial Officer, received a compensation package of $1.2M, which increased by 55% compared to previous year. 38% of the compensation package, or $450K, was in stock awards.
Tara D. Mackey, Chief Legal Officer, earned $930K in 2019, a 80% increase compared to previous year.
Matthew Emery, Chief Information Human Resources Officer, received $775K in 2019.
Kenneth Lavelle, President and General Manager - Electrical, earned $770K in 2019.
AZZ's fiscal year ends on February 28.
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Source: SEC filing on May 28, 2019.