Chemours CEO Mark Vergnano's 2018 pay slips 19% to $8.1M

Chemours reports 2018 executive compensation

Published: March 14, 2019

Chemours reported fiscal year 2018 executive compensation information on March 14, 2019.

In 2018, five Chemours executives received on average a compensation package of $3.2M, a 20% decrease compared to previous year.

Average pay of disclosed executives at Chemours

Mark Vergnano, Chief Executive Officer, received $8.1M in total, which decreased by 19% compared to 2017. 44.07% of Vergnano's compensation, or $3.6M, was in stock awards. Vergnano also received $1M in non-equity incentive plan, $2.2M in option awards, $1M in salary, as well as $275.4K in other compensation.

For fiscal year 2018, the median employee pay was $106,807 at Chemours. Therefore, the ratio of Mark Vergnano's pay to the median employee pay was 76 to one.

Mark Newman, Chief Financial Officer, received a compensation package of $2.3M, which decreased by 22% compared to previous year. 33.84% of the compensation package, or $776.6K, was in stock awards.

Paul Kirsch, President, Fluoroproducts, earned $2.1M in 2018, a 22% decrease compared to previous year.

David Shelton, General Counsel, received $1.8M in 2018, which decreases by 15% compared to 2017.

Bryan Snell, President, Titanium Technologies, earned $1.7M in 2018, a 28% decrease compared to previous year.