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. 27.77% of Whiting's compensation, or $1.7M, was of change in pension value and nonqualified deferred compensation earnings. Whiting also received $660.4K in non-equity incentive plan, $1.2M in option awards, $1.1M in salary, $1.5M in stock awards, as well as $35.5K 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. 44.35% 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.