Chemed CEO Kevin McNamara's 2021 pay slips 2% to $12M
Chemed reports 2021 executive compensation
By ExecPay News
Published: April 8, 2022
Chemed reported fiscal year 2021 executive compensation information on April 8, 2022.
In 2021, five Chemed executives received on average a compensation package of $5.4M, which is about the same as previous year.
Average pay of disclosed executives at Chemed
Kevin J. McNamara, Chief Executive Officer, received $12M in total, which decreased by 2% compared to 2020. 31% of McNamara's compensation, or $3.6M, was in option awards. McNamara also received $90K of change in pension value and nonqualified deferred compensation earnings, $3.3M in non-equity incentive plan, $1.4M in salary, $1.9M in stock awards, as well as $1.4M in other compensation.
David P. Williams, Chief Financial Officer, received a compensation package of $5.5M, which increased by 4% compared to previous year. 33% of the compensation package, or $1.8M, was in option awards.
Nicholas M. Westfall, Executive Vice President, earned $3.9M in 2021, a 7% decrease compared to previous year.
Spencer S. Lee, Executive Vice President, received $3.6M in 2021, which increases by 9% compared to 2020.
Michael D. Witzeman, Vice President and Controller, earned $2.2M in 2021, a 5% increase compared to previous year.
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Source: SEC filing on April 8, 2022.