DAVEY TREE EXPERT CO CEO Patrick Covey's 2019 pay jumps 30% to $1.9M
DAVEY TREE EXPERT CO reports 2019 executive compensation
By ExecPay News
Published: April 28, 2020
DAVEY TREE EXPERT CO reported fiscal year 2019 executive compensation information on April 28, 2020.
In 2019, five executives at DAVEY TREE EXPERT CO received on average a compensation package of $919K, a 18% increase compared to previous year.
Average pay of disclosed executives at DAVEY TREE EXPERT CO
Patrick M. Covey, Chief Executive Officer, received $1.9M in total, which increased by 30% compared to 2018. 46% of Covey's compensation, or $876K, was in non-equity incentive plan. Covey also received $10K in bonus, $177K of change in pension value and nonqualified deferred compensation earnings, $22K in option awards, $673K in salary, $67K in stock awards, as well as $68K in other compensation.
For fiscal year 2019, the median employee pay was $47,054 at DAVEY TREE EXPERT CO. Therefore, the ratio of Patrick M. Covey's pay to the median employee pay was 40 to one.
Joseph R. Paul, Chief Financial Officer, received a compensation package of $786K, which increased by 3% compared to previous year. 45% of the compensation package, or $352K, was in salary.
James F. Stief, Executive Vice President, U.S. Residential Operations, earned $780K in 2019, a 17% increase compared to previous year.
Erika J. Schoenberger, General Counsel, received $598K in 2019.
Dan A. Joy, Executive Vice President and General Manager, Commercial Landscape Services and Operations Support Services, earned $537K in 2019, a 4% increase compared to previous year.
Related executives
Patrick Covey
DAVEY TREE EXPERT CO
Chief Executive Officer
Joseph Paul
DAVEY TREE EXPERT CO
Chief Financial Officer
James Stief
DAVEY TREE EXPERT CO
Executive Vice President, U.S. Residential Operations
Erika Schoenberger
DAVEY TREE EXPERT CO
General Counsel
Dan Joy
DAVEY TREE EXPERT CO
Executive Vice President and General Manager, Commercial Landscape Services and Operations Support Services
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Source: SEC filing on April 28, 2020.