Ennis CEO Keith Walters' 2020 pay slips 18% to $3.1M
Ennis reports 2020 executive compensation
By ExecPay News
Published: May 22, 2020
Ennis reported fiscal year 2020 executive compensation information on May 22, 2020.
In 2020, four Ennis executives received on average a compensation package of $1.5M, a 13% decrease compared to previous year.
Keith S. Walters, Chief Executive Officer, received $3.1M in total, which decreased by 18% compared to 2019. 35.06% of Walters' compensation, or $1.1M, was in stock awards. Walters also received $272.9K of change in pension value and nonqualified deferred compensation earnings, $664.7K in non-equity incentive plan, $971.8K in salary, as well as $130.5K in other compensation.
For fiscal year 2020, the median employee pay was $48,891 at Ennis. Therefore, the ratio of Keith S. Walters' pay to the median employee pay was 64 to one.
Michael D. Magill, Secretary, received a compensation package of $1.2M, which decreased by 11% compared to previous year. 44.84% of the compensation package, or $533.4K, was in salary.
Richard L. Travis, Jr, Chief Financial Officer, earned $983.7K in 2020, a 7% decrease compared to previous year.
Ronald M. Graham, Vice President - Administration, received $771.5K in 2020, which increases by 3% compared to 2019.
Ennis' fiscal year ends on February 28.