DONALDSON CO reports 2018 executive compensation

CEO Tod E. Carpenter receives $5.9M

DONALDSON CO reported fiscal year 2018 executive compensation information on October 10, 2018.

In 2018, five executives at DONALDSON CO received on average a compensation package of $2,357,859, a 2% decrease compared to previous year.

Tod E. Carpenter, Chief Executive Officer, received $5,937,953 in total, which decreased by 6% compared to 2017. 28.84% of Carpenter's compensation, or $1,712,711, was in stock awards. Carpenter also received $8,872 of change in pension value and nonqualified deferred compensation earnings, $1,598,571 in non-equity incentive plan, $1,502,426 in option awards, $942,308 in salary, as well as $173,065 in other compensation.

Scott J. Robinson, Chief Financial Officer, received a compensation package of $1,790,577, which increased by 2% compared to previous year. 27.39% of the compensation package, or $490,432, was in non-equity incentive plan.

Thomas R. Scalf, Senior Vice President, earned $1,472,226 in 2018, a 6% decrease compared to previous year.

Jeffrey E. Spethmann, Senior Vice President, received $1,404,376 in 2018, which increases by 9% compared to 2017.

Amy C. Becker, General Counsel, earned $1,184,162 in 2018, a 7% increase compared to previous year.

DONALDSON CO's fiscal year ends on July 31.