Ennis CEO Keith Walters' 2021 pay falls 25% to $2.3M
Ennis reports 2021 executive compensation
By ExecPay News
Published: June 3, 2021
Ennis reported fiscal year 2021 executive compensation information on June 3, 2021.
In 2021, five Ennis executives received on average a compensation package of $906K, a 40% decrease compared to previous year.
Keith S. Walters, Chief Executive Officer, received $2.3M in total, which decreased by 25% compared to 2020. 41% of Walters' compensation, or $972K, was in salary. Walters also received $58K of change in pension value and nonqualified deferred compensation earnings, $607K in non-equity incentive plan, $698K in stock awards, as well as $12K in other compensation.
For fiscal year 2021, the median employee pay was $54,489 at Ennis. Therefore, the ratio of Keith S. Walters' pay to the median employee pay was 43 to one.
Michael D. Magill, Secretary, received a compensation package of $979K, which decreased by 18% compared to previous year. 54% of the compensation package, or $533K, was in salary.
Ronald M. Graham, Vice President - Administration, earned $590K in 2021, a 23% decrease compared to previous year.
Richard L. Travis, Jr, Chief Financial Officer, received $386K in 2021, which decreases by 61% compared to 2020.
Vera Burnett, Chief Financial Officer, earned $230K in 2021.
Ennis' fiscal year ends on February 28.