Cardinal Ethanol CEO Jeffrey Painter's 2020 pay rises 10% to $337K
Cardinal Ethanol reports 2020 executive compensation
By ExecPay News
Published: December 18, 2020
Cardinal Ethanol reported fiscal year 2020 executive compensation information on December 18, 2020.
In 2020, four executives at Cardinal Ethanol received on average a compensation package of $211K, a 8% increase compared to previous year.
Average pay of disclosed executives at Cardinal Ethanol
Jeffrey Painter, Chief Executive Officer, received $337K in total, which increased by 10% compared to 2019. 77% of Painter's compensation, or $260K, was in salary. Painter also received $50K in bonus, $15K in non-equity incentive plan, as well as $12K in other compensation.
Jeremey Herlyn, Plaint Manager, received a compensation package of $187K, which increased by 4% compared to previous year. 82% of the compensation package, or $153K, was in salary.
William Dartt, Chief Financial Officer, earned $182K in 2020, a 5% increase compared to previous year.
Casey Bruns, Commodity Manager, received $140K in 2020, which increases by 9% compared to 2019.
Cardinal Ethanol's fiscal year ends on September 30.
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Source: SEC filing on December 18, 2020.