Garrett Motion CEO Olivier Rabiller's 2019 pay falls 28% to $5.4M

Garrett Motion reports 2019 executive compensation

By ExecPay News

Published: April 15, 2020

Garrett Motion reported fiscal year 2019 executive compensation information on April 15, 2020.
In 2019, six executives at Garrett Motion received on average a compensation package of $2.4M, a 36% decrease compared to previous year.
Average pay of disclosed executives at Garrett Motion
Olivier Rabiller, Chief Executive Officer, received $5.4M in total, which decreased by 28% compared to 2018. 53% of Rabiller's compensation, or $2.8M, was in stock awards. Rabiller also received $276K in bonus, $93K of change in pension value and nonqualified deferred compensation earnings, $453K in non-equity incentive plan, $790K in option awards, $898K in salary, as well as $29K in other compensation.
For fiscal year 2019, the median employee pay was $27,146 at Garrett Motion. Therefore, the ratio of Olivier Rabiller's pay to the median employee pay was 198 to one.
Alessandro Gili, Chief Financial Officer, received a compensation package of $2.4M, which decreased by 44% compared to previous year. 62% of the compensation package, or $1.5M, was in stock awards.
Jérôme Maironi, General Counsel, earned $1.9M in 2019, a 20% decrease compared to previous year.
Craig Balis, Chief Technology Officer, received $1.9M in 2019, which decreases by 21% compared to 2018.
Thierry Mabru, Senior Vice President, Integrated Supply Chain, earned $1.5M in 2019, a 24% decrease compared to previous year.
Peter Bracke, Chief Financial Officer, received $1.2M in 2019.

Related executives

Olivier Rabiller

Garrett Motion

Chief Executive Officer

Alessandro Gili

Garrett Motion

Chief Financial Officer

Peter Bracke

Garrett Motion

Chief Financial Officer

Craig Balis

Garrett Motion

Chief Technology Officer

Jérôme Maironi

Garrett Motion

General Counsel

Thierry Mabru

Garrett Motion

Senior Vice President, Integrated Supply Chain

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Source: SEC filing on April 15, 2020.