Douglas Dynamics CEO Robert McCormick's 2019 pay jumps 34% to $2M
Douglas Dynamics reports 2019 executive compensation
By ExecPay News
Published: March 27, 2020
Douglas Dynamics reported fiscal year 2019 executive compensation information on March 27, 2020.
In 2019, six executives at Douglas Dynamics received on average a compensation package of $1M, a 16% decrease compared to previous year.
Average pay of disclosed executives at Douglas Dynamics
Robert McCormick, Chief Executive Officer, received $2M in total, which increased by 34% compared to 2018. 39% of McCormick's compensation, or $780K, was in stock awards. McCormick also received $562K in non-equity incentive plan, $575K in salary, as well as $71K in other compensation.
For fiscal year 2019, the median employee pay was $52,348 at Douglas Dynamics. Therefore, the ratio of Robert McCormick's pay to the median employee pay was 38 to one.
Sarah C. Lauber, Chief Financial Officer, received a compensation package of $1M, which increased by 1% compared to previous year. 37% of the compensation package, or $386K, was in salary.
Keith Hagelin, President, Work Truck, earned $890K in 2019, a 7% decrease compared to previous year.
Attachments Jon Sievert, President, Work Truck Solutions, received $715K in 2019, which increases by 31% compared to 2018.
Jon Sievert, President, Work Truck Solutions, earned $715K in 2019, a 31% increase compared to previous year.
James Janik, Chairman, received $711K in 2019, which decreases by 73% compared to 2018.
Related executives
James Janik
Douglas Dynamics
Chairman
Robert McCormick
Douglas Dynamics
Chief Executive Officer
Sarah Lauber
Douglas Dynamics
Chief Financial Officer
Keith Hagelin
Douglas Dynamics
President, Work Truck Attachments
Attachments Sievert
Douglas Dynamics
President, Work Truck Solutions
Jon Sievert
Douglas Dynamics
President, Work Truck Solutions
You may also like
Source: SEC filing on March 27, 2020.