FLIR Systems CEO James Cannon's 2018 pay slips 11% to $8M
FLIR Systems reports 2018 executive compensation
By ExecPay News
Published: March 8, 2019
FLIR Systems reported fiscal year 2018 executive compensation information on March 8, 2019.
In 2018, five executives at FLIR Systems received on average a compensation package of $3.6M, a 30% increase compared to previous year.
Average pay of disclosed executives at FLIR Systems
James J. Cannon, Chief Executive Officer, received $8M in total, which decreased by 11% compared to 2017. 73% of Cannon's compensation, or $5.8M, was in stock awards. Cannon also received $1.1M in non-equity incentive plan, $850K in salary, as well as $140K in other compensation.
For fiscal year 2018, the median employee pay was $73,692 at FLIR Systems. Therefore, the ratio of James J. Cannon's pay to the median employee pay was 108 to one.
Carol P. Lowe, Chief Financial Officer, received a compensation package of $5.6M, which increased by 119% compared to previous year. 45% of the compensation package, or $2.5M, was in bonus.
Todd M. DuChene, General Counsel, earned $1.7M in 2018, a 7% decrease compared to previous year.
Anthony D. Buffum, Chief Human Resources Officer, received $1.4M in 2018.
Jeffrey D. Frank, Senior Vice President, Global Product Strategy, earned $1.2M in 2018, a 13% decrease compared to previous year.
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Source: SEC filing on March 8, 2019.