Cardinal Ethanol reports 2018 executive compensation

CEO Jeffrey Painter receives $303.4K

Cardinal Ethanol reported fiscal year 2018 executive compensation information on December 20, 2018.

In 2018, four executives at Cardinal Ethanol received on average a compensation package of $200,890, a 7% decrease compared to previous year.

Average pay of disclosed executives at Cardinal Ethanol

Jeffrey Painter, Chief Executive Officer, received $303,362 in total, which decreased by 2% compared to 2017. 83.14% of Painter's compensation, or $252,212, was in salary. Painter also received $40,174 in non-equity incentive plan and $10,976 in other compensation.

Jeremey Herlyn, Plant Manager, received a compensation package of $177,986, which decreased by 2% compared to previous year. 83.15% of the compensation package, or $147,988, was in salary.

William Dartt, Chief Financial Officer, earned $171,725 in 2018, which is about the same as previous year.

Gregory Roy, Commodity Manager, received $150,488 in 2018, which decreases by 27% compared to 2017.

Cardinal Ethanol's fiscal year ends on September 30.