Callaway Golf CEO Oliver Brewer's 2021 pay jumps 450% to $27M
Callaway Golf reports 2021 executive compensation
By ExecPay News
Published: April 8, 2022
Callaway Golf reported fiscal year 2021 executive compensation information on April 8, 2022.
In 2021, five executives at Callaway Golf received on average a compensation package of $9.4M, a 374% increase compared to previous year.
Average pay of disclosed executives at Callaway Golf
Oliver G. Chip Brewer III, Chief Executive Officer, received $27M in total, which increased by 450% compared to 2020. 87% of Brewer's compensation, or $24M, was in stock awards. Brewer also received $2.5M in non-equity incentive plan, $1M in salary, as well as $69K in other compensation.
For fiscal year 2021, the median employee pay was $45,136 at Callaway Golf. Therefore, the ratio of Oliver G. Chip Brewer III's pay to the median employee pay was 601 to one.
Brian Lynch, Chief Financial Officer, received a compensation package of $8.4M, which increased by 597% compared to previous year. 83% of the compensation package, or $7M, was in stock awards.
Arthur F. Starrs, Chief Executive Officer, earned $6.6M in 2021.
Glenn F. Hickey, Executive Vice President,, received $2.4M in 2021, which increases by 171% compared to 2020.
Callaway Golf Mark F. Leposky, Executive Vice President, Global Operations, earned $2.4M in 2021, a 168% increase compared to previous year.
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Source: SEC filing on April 8, 2022.