Chemed CEO Kevin McNamara's 2019 pay rises 14% to $10M

Chemed reports 2019 executive compensation

By ExecPay News

Published: April 9, 2020

Chemed reported fiscal year 2019 executive compensation information on April 9, 2020.
In 2019, five Chemed executives received on average a compensation package of $4.3M, a 4% increase compared to previous year.
Average pay of disclosed executives at Chemed
Kevin J. McNamara, Chief Executive Officer, received $10M in total, which increased by 14% compared to 2018. 34% of McNamara's compensation, or $3.4M, was in option awards. McNamara also received $49K of change in pension value and nonqualified deferred compensation earnings, $2.4M in non-equity incentive plan, $1.2M in salary, $1.7M in stock awards, as well as $1.2M in other compensation.
David P. Williams, Chief Financial Officer, received a compensation package of $4M, which decreased by 6% compared to previous year. 30% of the compensation package, or $1.2M, was in option awards.
Nicholas M. Westfall, Executive Vice President, earned $3.2M in 2019, a 5% increase compared to previous year.
Spencer S. Lee, Executive Vice President, received $2.4M in 2019, which decreases by 11% compared to 2018.
Naomi C. Dallob, Chief Legal Officer, earned $2M in 2019, a 1% increase compared to previous year.

Related executives

Kevin McNamara

Chemed

Chief Executive Officer

David Williams

Chemed

Chief Financial Officer

Nicholas Westfall

Chemed

Executive Vice President

Spencer Lee

Chemed

Executive Vice President

Naomi Dallob

Chemed

Chief Legal Officer

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Source: SEC filing on April 9, 2020.