CABOT MICROELECTRONICS CORP reports 2018 executive compensation

CEO David H. Li receives $5.5M

CABOT MICROELECTRONICS CORP reported fiscal year 2018 executive compensation information on January 24, 2019.

In 2018, six executives at CABOT MICROELECTRONICS CORP received on average a compensation package of $2,285,582, a 2% decrease compared to previous year.

Average pay of disclosed executives at CABOT MICROELECTRONICS CORP

David H. Li, Chief Executive Officer, received $5,481,551 in total, which increased by 21% compared to 2017. 36.66% of Li's compensation, or $2,009,726, was in stock awards. Li also received $1,300,000 in non-equity incentive plan, $578,591 in option awards, $645,000 in salary, as well as $948,234 in other compensation.

Scott D. Beamer, Chief Financial Officer, received a compensation package of $2,788,929. 63.71% of the compensation package, or $1,776,780, was in stock awards.

Daniel D. Woodland, Vice President and President, Electronic Materials; Former Vice President and Chief Marketing and Operations Officer, earned $1,810,149 in 2018, a 24% increase compared to previous year.

Thomas F. Kelly, Former Vice President and President, Performance Materials; Former Vice President and Chief Commercial Officer, received $1,735,915 in 2018.

H. Carol Bernstein, General Counsel, earned $1,588,374 in 2018, a 3% increase compared to previous year.

William S. Johnson, Chief Financial Officer, received $308,571 in 2018, which decreases by 83% compared to 2017.

CABOT MICROELECTRONICS CORP's fiscal year ends on September 30.