Babcock & Wilcox Enterprises CEO Kenneth Young's 2019 pay jumps 268% to $6M
Babcock & Wilcox Enterprises reports 2019 executive compensation
By ExecPay News
Published: May 5, 2020
Babcock & Wilcox Enterprises reported fiscal year 2019 executive compensation information on May 5, 2020.
In 2019, six executives at Babcock & Wilcox Enterprises received on average a compensation package of $2M, a 118% increase compared to previous year.
Average pay of disclosed executives at Babcock & Wilcox Enterprises
Kenneth M. Young, Chief Executive Officer, received $6M in total, which increased by 268% compared to 2018. 37% of Young's compensation, or $2.2M, was in stock awards. Young also received $2M in bonus, $1M in non-equity incentive plan, as well as $750K in salary.
Louis Salamone Jr, Chief Financial Officer, received a compensation package of $2.3M. 33% of the compensation package, or $750K, was in bonus.
Robert M. Caruso, Chief Implementation Officer, earned $1.4M in 2019, a 121% increase compared to previous year.
Jimmy B. Morgan, Senior Vice President, Babcock & Wilcox, received $1.2M in 2019, which increases by 122% compared to 2018.
Henry E. Bartoli, Chief Strategy Officer, earned $1.1M in 2019.
Joel K. Mostrom, Chief Financial Officer, received $163K in 2019, which decreases by 82% compared to 2018.
Related executives
Kenneth Young
Babcock & Wilcox Enterprises
Chief Executive Officer
Louis Salamone
Babcock & Wilcox Enterprises
Chief Financial Officer
Joel Mostrom
Babcock & Wilcox Enterprises
Chief Financial Officer
Henry Bartoli
Babcock & Wilcox Enterprises
Chief Strategy Officer
Robert Caruso
Babcock & Wilcox Enterprises
Chief Implementation Officer
Jimmy Morgan
Babcock & Wilcox Enterprises
Chief Operating Officer
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Source: SEC filing on May 5, 2020.