ESCO Technologies CEO Victor Richey's 2022 pay jumps 31% to $5.5M
ESCO Technologies reports 2022 executive compensation
By ExecPay News
Published: December 14, 2022
ESCO Technologies reported fiscal year 2022 executive compensation information on December 14, 2022.
In 2022, three executives at ESCO Technologies received on average a compensation package of $2.8M, a 22% increase compared to previous year.
Average pay of disclosed executives at ESCO Technologies
Victor L. Richey, Chief Executive Officer, received $5.5M in total, which increased by 31% compared to 2021. 54% of Richey's compensation, or $3M, was in stock awards. Richey also received $1.5M in non-equity incentive plan, $898K in salary, as well as $75K in other compensation.
For fiscal year 2022, the median employee pay was $68,264 at ESCO Technologies. Therefore, the ratio of Victor L. Richey's pay to the median employee pay was 80 to one.
Christopher L. Tucker, Chief Financial Officer, received a compensation package of $1.9M, which decreased by 11% compared to previous year. 39% of the compensation package, or $731K, was in stock awards.
David M. Schatz, General Counsel, earned $1M in 2022, a 77% increase compared to previous year.
ESCO Technologies' fiscal year ends on September 30.
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Source: SEC filing on December 14, 2022.