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.
Commercial Metals' fiscal year ends on August 31.
Chief Executive Officer
Chief Financial Officer
Chief Operating Officer
Vice President, Human Resources
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