ESCO Technologies CEO Victor Richey's 2019 pay rises 8% to $4.1M
ESCO Technologies reports 2019 executive compensation
By ExecPay News
Published: December 11, 2019
ESCO Technologies reported fiscal year 2019 executive compensation information on December 11, 2019.
In 2019, three executives at ESCO Technologies received on average a compensation package of $2.5M, a 9% increase compared to previous year.
Average pay of disclosed executives at ESCO Technologies
Victor L. Richey, Chief Executive Officer, received $4.1M in total, which increased by 8% compared to 2018. 41% of Richey's compensation, or $1.7M, was in stock awards. Richey also received $136K of change in pension value and nonqualified deferred compensation earnings, $1.3M in non-equity incentive plan, $825K in salary, as well as $87K in other compensation.
For fiscal year 2019, the median employee pay was $61,979 at ESCO Technologies. Therefore, the ratio of Victor L. Richey's pay to the median employee pay was 66 to one.
Gary E. Muenster, Chief Financial Officer, received a compensation package of $2.2M, which increased by 8% compared to previous year. 35% of the compensation package, or $777K, was in stock awards.
Alyson S. Barclay, General Counsel, earned $1.2M in 2019, a 13% increase compared to previous year.
ESCO Technologies' fiscal year ends on September 30.
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Source: SEC filing on December 11, 2019.