FLIR Systems reports 2018 executive compensation

CEO James J. Cannon receives $8M

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 $3,558,173, a 30% increase compared to previous year.

Average pay of disclosed executives at FLIR Systems

James J. Cannon, Chief Executive Officer, received $7,959,846 in total, which decreased by 11% compared to 2017. 73.49% of Cannon's compensation, or $5,849,988, was in stock awards. Cannon also received $1,119,600 in non-equity incentive plan, $850,000 in salary, as well as $140,258 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 $5,582,792, which increased by 119% compared to previous year. 44.78% of the compensation package, or $2,500,000, was in bonus.

Todd M. DuChene, General Counsel, earned $1,705,110 in 2018, a 7% decrease compared to previous year.

Anthony D. Buffum, Chief Human Resources Officer, received $1,361,507 in 2018.

Jeffrey D. Frank, Senior Vice President, Global Product Strategy, earned $1,181,609 in 2018, a 13% decrease compared to previous year.