BROWN FORMAN CORP CEO Lawson Whiting's 2020 pay jumps 68% to $6.2M
BROWN FORMAN CORP reports 2020 executive compensation
By ExecPay News
Published: June 30, 2020
BROWN FORMAN CORP reported fiscal year 2020 executive compensation information on June 30, 2020.
In 2020, six executives at BROWN FORMAN CORP received on average a compensation package of $2.8M, a 9% increase compared to previous year.
Average pay of disclosed executives at BROWN FORMAN CORP
Lawson E. Whiting, Chief Executive Officer, received $6.2M in total, which increased by 68% compared to 2019. 28% of Whiting's compensation, or $1.7M, was of change in pension value and nonqualified deferred compensation earnings. Whiting also received $660K in non-equity incentive plan, $1.2M in option awards, $1.1M in salary, $1.5M in stock awards, as well as $35K in other compensation.
For fiscal year 2020, the median employee pay was $58,120 at BROWN FORMAN CORP. Therefore, the ratio of Lawson E. Whiting's pay to the median employee pay was 107 to one.
Jane C. Morreau, Chief Financial Officer, received a compensation package of $3.3M, which increased by 6% compared to previous year. 44% of the compensation package, or $1.4M, was of change in pension value and nonqualified deferred compensation earnings.
Mark I. McCallum, Former Executive Vice President and Chief Brands Officer, earned $2.2M in 2020, a 16% decrease compared to previous year.
Matthew E. Hamel, General Counsel, received $1.9M in 2020, which increases by 1% compared to 2019.
John V. Hayes, Senior Vice President, President, USA & Canada, earned $1.7M in 2020.
Thomas Hinrichs, Senior Vice President, President, International Division, received $1.4M in 2020, which decreases by 8% compared to 2019.
BROWN FORMAN CORP's fiscal year ends on April 30.
Related executives
Matthew Hamel
BROWN FORMAN CORP
General Counsel
John Hayes
BROWN FORMAN CORP
Senior Vice President, President, USA & Canada
Thomas Hinrichs
BROWN FORMAN CORP
Senior Vice President, President, International Division
Mark McCallum
BROWN FORMAN CORP
Former Executive Vice President and Chief Brands Officer
Lawson Whiting
BROWN FORMAN CORP
Chief Executive Officer
Jane Morreau
BROWN FORMAN CORP
Chief Financial Officer
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Source: SEC filing on June 30, 2020.