Flexsteel Industries CEO Jerald Dittmer's 2020 pay falls 29% to $1.6M

Flexsteel Industries reports 2020 executive compensation

By ExecPay News

Published: October 26, 2020

Flexsteel Industries reported fiscal year 2020 executive compensation information on October 26, 2020.
In 2020, four executives at Flexsteel Industries received on average a compensation package of $1.3M, a 3% decrease compared to previous year.
Average pay of disclosed executives at Flexsteel Industries
Jerald K. Dittmer, Chief Executive Officer, received $1.6M in total, which decreased by 29% compared to 2019. 55.02% of Dittmer's compensation, or $875K, was in stock awards. Dittmer also received $663.5K in salary and $51.7K in other compensation.
Marcus D. Hamilton, Chief Financial Officer, received a compensation package of $1.4M, which increased by 37% compared to previous year. 49.53% of the compensation package, or $716K, was in stock awards.
Timothy P. Newlin, Vice President Marketing and Product Management, earned $1.1M in 2020, a 74% increase compared to previous year.
Derek P. Schmidt, Chief Financial Officer, received $911.9K in 2020.
Flexsteel Industries' fiscal year ends on June 30.

Related executives

Jerald Dittmer

Flexsteel Industries

Chief Executive Officer

Derek Schmidt

Flexsteel Industries

Chief Financial Officer

Timothy Newlin

Flexsteel Industries

Vice President Marketing and Product Management

Marcus Hamilton

Flexsteel Industries

Chief Financial Officer

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Source: SEC filing on October 26, 2020.