BorgWarner CEO Frederic Lissalde's 2020 pay falls 29% to $9.8M
BorgWarner reports 2020 executive compensation
By ExecPay News
Published: March 19, 2021
BorgWarner reported fiscal year 2020 executive compensation information on March 19, 2021.
In 2020, six BorgWarner executives received on average a compensation package of $4M, a 24% decrease compared to previous year.
Average pay of disclosed executives at BorgWarner
Frederic B. Lissalde, Chief Executive Officer, received $9.8M in total, which decreased by 29% compared to 2019. 65% of Lissalde's compensation, or $6.4M, was in stock awards. Lissalde also received $1.6M in non-equity incentive plan, $1.1M in salary, as well as $819K in other compensation.
Kevin A. Nowlan, Chief Financial Officer, received a compensation package of $3.3M, which decreased by 44% compared to previous year. 51% of the compensation package, or $1.7M, was in stock awards.
Joseph F. Fadool, Vice President, President and General Manager, BorgWarner Emissions, Thermal and Turbo Systems, earned $3.3M in 2020, a 8% decrease compared to previous year.
Stefan Demmerle, Vice President, President and General Manager, BorgWarner PowerDrive Systems, received $2.9M in 2020, which decreases by 11% compared to 2019.
Brady D. Ericson, Vice President, President and General Manager, BorgWarner Morse Systems, earned $2.4M in 2020.
Tonit M. Calaway, Chief Administrative Officer, received $2.2M in 2020, which decreases by 30% compared to 2019.
Related executives
Frederic Lissalde
BorgWarner
Chief Executive Officer
Kevin Nowlan
BorgWarner
Chief Financial Officer
Joseph Fadool
BorgWarner
Vice President, President and General Manager, BorgWarner Emissions, Thermal and Turbo Systems
Stefan Demmerle
BorgWarner
Vice President, President and General Manager, BorgWarner PowerDrive Systems
Brady Ericson
BorgWarner
Vice President, President and General Manager, BorgWarner Fuel Injection Systems and Aftermarket
Tonit Calaway
BorgWarner
Chief Administrative Officer
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Source: SEC filing on March 19, 2021.