Commercial Metals CEO Barbara Smith's 2019 pay slips 13% to $7.6M
Commercial Metals reports 2019 executive compensation
By ExecPay News
Published: November 25, 2019
Commercial Metals reported fiscal year 2019 executive compensation information on November 25, 2019.
In 2019, five executives at Commercial Metals received on average a compensation package of $3.4M, a 8% decrease compared to previous year.
Average pay of disclosed executives at Commercial Metals
Barbara R. Smith, Chief Executive Officer, received $7.6M in total, which decreased by 13% compared to 2018. 58% of Smith's compensation, or $4.4M, was in stock awards. Smith also received $2M in non-equity incentive plan, $992K in salary, as well as $193K in other compensation.
For fiscal year 2019, the median employee pay was $52,872 at Commercial Metals. Therefore, the ratio of Barbara R. Smith's pay to the median employee pay was 145 to one.
Tracy L. Porter, Chief Operating Officer, received a compensation package of $3.7M, which decreased by 2% compared to previous year. 48% of the compensation package, or $1.8M, was in stock awards.
Mary A. Lindsey, Chief Financial Officer, earned $2.7M in 2019, a 15% decrease compared to previous year.
Paul K. Kirkpatrick, General Counsel, received $1.8M in 2019, which decreases by 6% compared to 2018.
Paul J. Lawrence, Vice President Finance, earned $1.3M in 2019, a 31% increase compared to previous year.
Commercial Metals' fiscal year ends on August 31.
Related executives
You may also like
Source: SEC filing on November 25, 2019.