Babcock & Wilcox Enterprises CEO Kenneth Young's 2020 pay falls 67% to $2M
Babcock & Wilcox Enterprises reports 2020 executive compensation
By ExecPay News
Published: April 5, 2021
Babcock & Wilcox Enterprises reported fiscal year 2020 executive compensation information on April 5, 2021.
In 2020, five executives at Babcock & Wilcox Enterprises received on average a compensation package of $1.5M, a 28% decrease compared to previous year.
Average pay of disclosed executives at Babcock & Wilcox Enterprises
Kenneth M. Young, Chief Executive Officer, received $2M in total, which decreased by 67% compared to 2019. 57% of Young's compensation, or $1.1M, was in stock awards. Young also received $750K in salary and $102K in other compensation.
For fiscal year 2020, the median employee pay was $50,823 at Babcock & Wilcox Enterprises. Therefore, the ratio of Kenneth M. Young's pay to the median employee pay was 39 to one.
Louis Salamone Jr, Chief Financial Officer, received a compensation package of $1.5M, which decreased by 32% compared to previous year. 57% of the compensation package, or $875K, was in stock awards.
Jimmy B. Morgan, Chief Operating Officer, earned $1.5M in 2020, a 28% increase compared to previous year.
John J. Dziewisz, Secretary, received $1.3M in 2020.
Robert M. Caruso, Chief Implementation Officer, earned $957K in 2020, a 31% decrease compared to previous year.
Related executives
Kenneth Young
Babcock & Wilcox Enterprises
Chief Executive Officer
Louis Salamone
Babcock & Wilcox Enterprises
Chief Financial Officer
Jimmy Morgan
Babcock & Wilcox Enterprises
Chief Operating Officer
John Dziewisz
Babcock & Wilcox Enterprises
Secretary
Robert Caruso
Babcock & Wilcox Enterprises
Chief Implementation Officer
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Source: SEC filing on April 5, 2021.