ESCO Technologies CEO Victor Richey's 2020 pay falls 59% to $1.7M
ESCO Technologies reports 2020 executive compensation
By ExecPay News
Published: December 16, 2020
ESCO Technologies reported fiscal year 2020 executive compensation information on December 16, 2020.
In 2020, three executives at ESCO Technologies received on average a compensation package of $1.1M, a 56% decrease compared to previous year.
Average pay of disclosed executives at ESCO Technologies
Victor L. Richey, Chief Executive Officer, received $1.7M in total, which decreased by 59% compared to 2019. 49% of Richey's compensation, or $825K, was in salary. Richey also received $74K of change in pension value and nonqualified deferred compensation earnings, $687K in non-equity incentive plan, as well as $83K in other compensation.
For fiscal year 2020, the median employee pay was $66,692 at ESCO Technologies. Therefore, the ratio of Victor L. Richey's pay to the median employee pay was 25 to one.
Gary E. Muenster, Chief Financial Officer, received a compensation package of $1.1M, which decreased by 53% compared to previous year. 57% of the compensation package, or $600K, was in salary.
Alyson S. Barclay, General Counsel, earned $617K in 2020, a 50% decrease compared to previous year.
ESCO Technologies' fiscal year ends on September 30.
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Source: SEC filing on December 16, 2020.