BorgWarner CEO James Verrier's 2018 pay rises 7% to $15M
BorgWarner reports 2018 executive compensation
By ExecPay News
Published: March 15, 2019
BorgWarner reported fiscal year 2018 executive compensation information on March 15, 2019.
In 2018, seven BorgWarner executives received on average a compensation package of $5.2M, a 5% decrease compared to previous year.
Average pay of disclosed executives at BorgWarner
James R. Verrier, Chief Executive Officer, received $15M in total, which increased by 7% compared to 2017. 80% of Verrier's compensation, or $12M, was in stock awards. Verrier also received $1.1M in non-equity incentive plan, $1.1M in salary, as well as $839K in other compensation.
Frederic B. Lissalde, Chief Executive Officer, received a compensation package of $5M, which increased by 47% compared to previous year. 50% of the compensation package, or $2.5M, was in stock awards.
Ronald T. Hundzinski, Chief Financial Officer, earned $4.2M in 2018, a 10% decrease compared to previous year.
Robin Kendrick, Vice President and Presidentand General Manager, BorgWarner Turbo Systems, received $3.5M in 2018.
John J. Gasparovic, Chief Legal Officer, earned $3.4M in 2018, a 29% increase compared to previous year.
Joseph F. Fadool, Vice President and Presidentand General Manager, BorgWarner Emissions &Thermal Systems, received $3M in 2018.
Tonit M. Calaway, Chief Legal Officer, earned $2.5M in 2018, a 14% decrease compared to previous year.
Related executives
Frederic Lissalde
BorgWarner
Chief Executive Officer
Ronald Hundzinski
BorgWarner
Chief Financial Officer
Robin Kendrick
BorgWarner
Vice President and Presidentand General Manager, BorgWarner Turbo Systems
Joseph Fadool
BorgWarner
Vice President, President and General Manager, BorgWarner Emissions, Thermal and Turbo Systems
Tonit Calaway
BorgWarner
Chief Administrative Officer
James Verrier
BorgWarner
Chief Executive Officer
John Gasparovic
BorgWarner
Chief Legal Officer
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Source: SEC filing on March 15, 2019.