Genuine Parts Company CEO Paul Donahue's 2018 pay rises 8% to $5.3M
Genuine Parts Company reports 2018 executive compensation
Published: March 5, 2019
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 $2.4M, a 2% decrease compared to previous year.Average pay of disclosed executives at Genuine Parts Company
Paul D. Donahue, Chief Executive Officer, received $5.3M in total, which increased by 8% compared to 2017. 33.96% of Donahue's compensation, or $1.8M, was in stock awards. Donahue also received $830.5K of change in pension value and nonqualified deferred compensation earnings, $1.5M in non-equity incentive plan, $1.1M in salary, as well as $73.3K 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 $2.1M, which decreased by 8% compared to previous year. 36.55% of the compensation package, or $784.4K, was in stock awards.
Timothy P. Breen, Chief Executive Officer, earned $2M in 2018, a 2% increase compared to previous year.
Lee A. Maher, Executive Vice President U.S. Automotive Parts Group, received $1.6M in 2018, which decreases by 5% compared to 2017.
James R. Neill, Senior Vice President Human Resources, earned $1.1M in 2018, a 1% decrease compared to previous year.