Genuine Parts Company reports 2018 executive compensation

CEO Paul D. Donahue receives $5.3M

Genuine Parts Company reported fiscal year 2018 executive compensation information on March 5, 2019.

In 2018, five executives at Genuine Parts Company received on average a compensation package of $2,426,780, a 2% decrease compared to previous year.

Average pay of disclosed executives at Genuine Parts Company

Paul D. Donahue, Chief Executive Officer, received $5,300,329 in total, which increased by 8% compared to 2017. 33.96% of Donahue's compensation, or $1,800,204, was in stock awards. Donahue also received $830,499 of change in pension value and nonqualified deferred compensation earnings, $1,512,597 in non-equity incentive plan, $1,083,750 in salary, as well as $73,279 in other compensation.

For fiscal year 2018, the median employee pay was $38,485 at Genuine Parts Company. Therefore, the ratio of Paul D. Donahue's pay to the median employee pay was 138 to one.

Carol B. Yancey, Chief Financial Officer, received a compensation package of $2,145,864, which decreased by 8% compared to previous year. 36.55% of the compensation package, or $784,375, was in stock awards.

Timothy P. Breen, Chief Executive Officer, earned $1,999,975 in 2018, a 2% increase compared to previous year.

Lee A. Maher, Executive Vice President U.S. Automotive Parts Group, received $1,612,549 in 2018, which decreases by 5% compared to 2017.

James R. Neill, Senior Vice President Human Resources, earned $1,075,184 in 2018, a 1% decrease compared to previous year.