CommScope Holding Company CEO Marvin Edwards' 2019 pay jumps 57% to $14M
CommScope Holding Company reports 2019 executive compensation
By ExecPay News
Published: March 24, 2020
CommScope Holding Company reported fiscal year 2019 executive compensation information on March 24, 2020.
In 2019, seven executives at CommScope Holding Company received on average a compensation package of $5.1M, a 81% increase compared to previous year.
Average pay of disclosed executives at CommScope Holding Company
Marvin S. Edwards, Jr, Chief Executive Officer, received $14M in total, which increased by 57% compared to 2018. 86% of Edwards' compensation, or $12M, was in option awards. Edwards also received $55K of change in pension value and nonqualified deferred compensation earnings, $517K in non-equity incentive plan, $1.1M in salary, as well as $232K in other compensation.
For fiscal year 2019, the median employee pay was $12,769 at CommScope Holding Company. Therefore, the ratio of Marvin S. Edwards, Jr's pay to the median employee pay was 1,096 to one.
Bruce W. McClelland, Former Executive VP an Chief Operating Office, received a compensation package of $7.7M. 77% of the compensation package, or $5.9M, was in option awards.
Alexander W. Pease, Chief Financial Officer, earned $3.8M in 2019, a 77% increase compared to previous year.
Morgan C.S. Kurk, Executive VP and Chief Technology Office, received $2.8M in 2019, which increases by 19% compared to 2018.
Frank M. Drendel, Chairman, earned $2.8M in 2019, a 35% increase compared to previous year.
Frank B. Wyatt, II, Secretary, received $2.6M in 2019, which increases by 55% compared to 2018.
Robyn T. Mingle, Senior VP, Chief Huma Resources Officer, earned $2M in 2019.
Related executives
Marvin Edwards
CommScope Holding Company
Chief Executive Officer
Alexander Pease
CommScope Holding Company
Chief Financial Officer
Morgan Kurk
CommScope Holding Company
Chief Technology Officer
Frank Wyatt
CommScope Holding Company
Chief Legal Officer
Robyn Mingle
CommScope Holding Company
Chief Human Resources Officer
Frank Drendel
CommScope Holding Company
Chairman
Bruce McClelland
CommScope Holding Company
Former Executive VP an Chief Operating Office
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Source: SEC filing on March 24, 2020.