Coherent CEO John Ambroseo's 2018 pay slips 5% to $9.5M

Coherent reports 2018 executive compensation

By ExecPay News

Published: January 14, 2019

Coherent reported fiscal year 2018 executive compensation information on January 14, 2019.
In 2018, five Coherent executives received on average a compensation package of $3.6M, a 9% decrease compared to previous year.
Average pay of disclosed executives at Coherent
John Ambroseo, Chief Executive Officer, received $9.5M in total, which decreased by 5% compared to 2017. 82.53% of Ambroseo's compensation, or $7.9M, was in stock awards. Ambroseo also received $853.9K in non-equity incentive plan, $800K in salary, as well as $10.9K in other compensation.
Kevin Palatnik, Chief Financial Officer, received a compensation package of $2.3M, which decreased by 14% compared to previous year. 67.49% of the compensation package, or $1.6M, was in stock awards.
Mark Sobey, Executive Vice President and General Manager of OEM Laser Sources, earned $2.2M in 2018, a 7% decrease compared to previous year.
Paul Sechrist, Executive Vice President Worldwide Sales and Services, received $2M in 2018, which decreases by 14% compared to 2017.
Bret DiMarco, General Counsel, earned $1.8M in 2018, a 18% decrease compared to previous year.
Coherent's fiscal year ends on September 28.

Related executives

John Ambroseo

Coherent

Chief Executive Officer

Kevin Palatnik

Coherent

Chief Financial Officer

Mark Sobey

Coherent

Executive Vice President and General Manager of OEM Laser Sources

Paul Sechrist

Coherent

Executive Vice President Worldwide Sales and Services

Bret DiMarco

Coherent

General Counsel

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Source: SEC filing on January 14, 2019.