Fuller H B CEO James Owens' 2021 pay jumps 57% to $12M
Fuller H B reports 2021 executive compensation
By ExecPay News
Published: February 23, 2022
Fuller H B reported fiscal year 2021 executive compensation information on February 23, 2022.
In 2021, six Fuller H B executives received on average a compensation package of $3.5M, a 21% increase compared to previous year.
Average pay of disclosed executives at Fuller H B
James J. Owens, Chief Executive Officer, received $12M in total, which increased by 57% compared to 2020. 34% of Owens' compensation, or $3.9M, was in stock awards. Owens also received $30K of change in pension value and nonqualified deferred compensation earnings, $2M in non-equity incentive plan, $3.9M in option awards, $1.2M in salary, as well as $449K in other compensation.
For fiscal year 2021, the median employee pay was $72,205 at Fuller H B. Therefore, the ratio of James J. Owens' pay to the median employee pay was 161 to one.
John J. Corkrean, Chief Financial Officer, received a compensation package of $2.3M, which increased by 20% compared to previous year. 32% of the compensation package, or $754K, was in stock awards.
Theodore M. Clark, Chief Operating Officer, earned $2.3M in 2021, a 21% increase compared to previous year.
Zhiwei Cai, Executive Vice President, Engineering Adhesives, received $1.8M in 2021, which increases by 38% compared to 2020.
Andrew E. Tometich, Former Executive Vice President, Hygiene, Health and Consumable Adhesives, earned $1.4M in 2021, a 20% decrease compared to previous year.
M. Shahbaz Malik, Senior Vice President, Construction Adhesives, received $1.3M in 2021.
Fuller H B's fiscal year ends on November 26.
Related executives
James Owens
Fuller H B
Chief Executive Officer
John Corkrean
Fuller H B
Chief Financial Officer
Theodore Clark
Fuller H B
Chief Operating Officer
Zhiwei Cai
Fuller H B
Executive Vice President, Engineering Adhesives
M Malik
Fuller H B
Senior Vice President, Construction Adhesives
Andrew Tometich
Fuller H B
Former Executive Vice President, Hygiene, Health and Consumable Adhesives
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Source: SEC filing on February 23, 2022.