CARBO Ceramics CEO Gary Kolstad's 2018 pay falls 22% to $2.8M
CARBO Ceramics reports 2018 executive compensation
By ExecPay News
Published: April 1, 2019
CARBO Ceramics reported fiscal year 2018 executive compensation information on April 1, 2019.
In 2018, three executives at CARBO Ceramics received on average a compensation package of $1.5M, a 10% increase compared to previous year.
Average pay of disclosed executives at CARBO Ceramics
Gary A. Kolstad, Chief Executive Officer, received $2.8M in total, which decreased by 22% compared to 2017. 53% of Kolstad's compensation, or $1.5M, was in stock awards. Kolstad also received $469K in non-equity incentive plan, $833K in salary, as well as $18K in other compensation.
For fiscal year 2018, the median employee pay was $81,055 at CARBO Ceramics. Therefore, the ratio of Gary A. Kolstad's pay to the median employee pay was 34 to one.
Don P. Conkle, Vice President of Marketing and Sales, received a compensation package of $980K, which decreased by 20% compared to previous year. 46% of the compensation package, or $450K, was in stock awards.
Ernesto Bautista, III, Chief Financial Officer, earned $836K in 2018, a 20% decrease compared to previous year.
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Source: SEC filing on April 1, 2019.