Cardinal Ethanol CEO Jeffrey Painter's 2018 pay slips 2% to $303.4K

Cardinal Ethanol reports 2018 executive compensation

Published: December 20, 2018

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 $200.9K, a 7% decrease compared to previous year.

Average pay of disclosed executives at Cardinal Ethanol

Jeffrey Painter, Chief Executive Officer, received $303.4K in total, which decreased by 2% compared to 2017. 83.14% of Painter's compensation, or $252.2K, was in salary. Painter also received $40.2K in non-equity incentive plan and $11K in other compensation.

Jeremey Herlyn, Plant Manager, received a compensation package of $178K, which decreased by 2% compared to previous year. 83.15% of the compensation package, or $148K, was in salary.

William Dartt, Chief Financial Officer, earned $171.7K in 2018, which is about the same as previous year.

Gregory Roy, Commodity Manager, received $150.5K in 2018, which decreases by 27% compared to 2017.

Cardinal Ethanol's fiscal year ends on September 30.