Crane reports 2018 executive compensation

CEO Max H. Mitchell receives $6.5M

Crane reported fiscal year 2018 executive compensation information on March 15, 2019.

In 2018, five Crane executives received on average a compensation package of $2,686,711, a 3% increase compared to previous year.

Average pay of disclosed executives at Crane

Max H. Mitchell, Chief Executive Officer, received $6,531,121 in total, which increased by 5% compared to 2017. 40.48% of Mitchell's compensation, or $2,644,064, was in stock awards. Mitchell also received $1,212,478 in non-equity incentive plan, $1,480,003 in option awards, $1,002,000 in salary, as well as $192,576 in other compensation.

Richard A. Maue, Chief Financial Officer, received a compensation package of $2,287,992, which increased by 13% compared to previous year. 35.84% of the compensation package, or $820,130, was in stock awards.

Louis V. Pinkham, Senior Vice President, earned $1,884,688 in 2018, a 9% increase compared to previous year.

Bradley L. Ellis, Senior Vice President, received $1,444,501 in 2018, which decreases by 15% compared to 2017.

Anthony M. D'Iorio, General Counsel, earned $1,285,254 in 2018.