Encore Wire CEO Daniel Jones' 2021 pay jumps 134% to $7.6M
Encore Wire reports 2021 executive compensation
By ExecPay News
Published: March 21, 2022
Encore Wire reported fiscal year 2021 executive compensation information on March 21, 2022.
In 2021, two executives at Encore Wire received on average a compensation package of $5.7M, a 150% increase compared to previous year.
Average pay of disclosed executives at Encore Wire
Daniel L. Jones, Chief Executive Officer, received $7.6M in total, which increased by 134% compared to 2020. 46% of Jones' compensation, or $3.5M, was in bonus. Jones also received $1M in salary, $3.1M in stock awards, as well as $31K in other compensation.
For fiscal year 2021, the median employee pay was $62,806 at Encore Wire. Therefore, the ratio of Daniel L. Jones' pay to the median employee pay was 121 to one.
Bret J. Eckert, Chief Financial Officer, received a compensation package of $3.8M, which increased by 188% compared to previous year. 46% of the compensation package, or $1.8M, was in bonus.
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Source: SEC filing on March 21, 2022.