Commercial Metals CEO Barbara Smith's 2020 pay rises 18% to $9M
Commercial Metals reports 2020 executive compensation
By ExecPay News
Published: November 23, 2020
Commercial Metals reported fiscal year 2020 executive compensation information on November 23, 2020.
In 2020, six executives at Commercial Metals received on average a compensation package of $3.1M, a 11% decrease compared to previous year.
Average pay of disclosed executives at Commercial Metals
Barbara R. Smith, Chief Executive Officer, received $9M in total, which increased by 18% compared to 2019. 54% of Smith's compensation, or $4.9M, was in stock awards. Smith also received $2.9M in non-equity incentive plan, $1.1M in salary, as well as $188K in other compensation.
For fiscal year 2020, the median employee pay was $53,355 at Commercial Metals. Therefore, the ratio of Barbara R. Smith's pay to the median employee pay was 169 to one.
Tracy L. Porter, Chief Operating Officer, received a compensation package of $4.2M, which increased by 15% compared to previous year. 44% of the compensation package, or $1.9M, was in stock awards.
Paul J. Lawrence, Chief Financial Officer, earned $2.3M in 2020, a 73% increase compared to previous year.
Paul K. Kirkpatrick, General Counsel, received $1.6M in 2020, which decreases by 16% compared to 2019.
Jody K. Absher, General Counsel, earned $645K in 2020.
Jennifer J. Durbin, Vice President, Human Resources, received $620K in 2020.
Commercial Metals' fiscal year ends on August 31.
Related executives
Barbara Smith
Commercial Metals
Chief Executive Officer
Paul Lawrence
Commercial Metals
Chief Financial Officer
Tracy Porter
Commercial Metals
Executive Vice President
Jody Absher
Commercial Metals
Chief Legal Officer
Jennifer Durbin
Commercial Metals
Chief Human Resources Officer
Paul Kirkpatrick
Commercial Metals
General Counsel
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Source: SEC filing on November 23, 2020.