First Solar CEO Mark Widmar's 2020 pay slips 2% to $8.3M
First Solar reports 2020 executive compensation
By ExecPay News
Published: April 1, 2021
First Solar reported fiscal year 2020 executive compensation information on April 1, 2021.
In 2020, six executives at First Solar received on average a compensation package of $3.6M, a 13% decrease compared to previous year.
Average pay of disclosed executives at First Solar
Mark R. Widmar, Chief Executive Officer, received $8.3M in total, which decreased by 2% compared to 2019. 72% of Widmar's compensation, or $6M, was in stock awards. Widmar also received $1.4M in non-equity incentive plan, $900K in salary, as well as $11K in other compensation.
For fiscal year 2020, the median employee pay was $136,250 at First Solar. Therefore, the ratio of Mark R. Widmar's pay to the median employee pay was 61 to one.
Raffi Garabedian, Chief Technology Officer, received a compensation package of $3M, which decreased by 9% compared to previous year. 59% of the compensation package, or $1.8M, was in stock awards.
Philip Tymen deJong, Chief Operating Officer, earned $3M in 2020, a 4% decrease compared to previous year.
Georges J. Antoun, Chief Commercial Officer, received $3M in 2020, which decreases by 6% compared to 2019.
Alexander R. Bradley, Chief Financial Officer, earned $2.6M in 2020, a 7% decrease compared to previous year.
Caroline Stockdale, Chief People and Communications Officer, received $2M in 2020.
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Mark Widmar
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Source: SEC filing on April 1, 2021.