FranklinCovey CEO Robert Whitman's 2020 pay falls 22% to $2.3M
FranklinCovey reports 2020 executive compensation
By ExecPay News
Published: 2 minutes ago
FranklinCovey reported fiscal year 2020 executive compensation information on December 18, 2020.
In 2020, five executives at FranklinCovey received on average a compensation package of $1.1M, a 11% decrease compared to previous year.
Average pay of disclosed executives at FranklinCovey
Robert A. Whitman, Chief Executive Officer, received $2.3M in total, which decreased by 22% compared to 2019. 50.49% of Whitman's compensation, or $1.2M, was in stock awards. Whitman also received $479K in non-equity incentive plan, $575K in salary, as well as $73.7K in other compensation.
For fiscal year 2020, the median employee pay was $81,650 at FranklinCovey. Therefore, the ratio of Robert A. Whitman's pay to the median employee pay was 28 to one.
Paul S. Walker, Chief Operating Officer, received a compensation package of $1.1M, which increased by 7% compared to previous year. 38.75% of the compensation package, or $425K, was in stock awards.
Stephen D. Young, Chief Financial Officer, earned $915.8K in 2020, a 20% decrease compared to previous year.
M. Sean Covey, President Education Division, received $781.9K in 2020, which decreases by 19% compared to 2019.
Scott J. Miller, EVP Global Business Development & Marketing, earned $623.7K in 2020, a 24% decrease compared to previous year.
FranklinCovey's fiscal year ends on August 31.
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Source: SEC filing on December 18, 2020.