Genuine Parts Company CEO Paul Donahue's 2019 pay jumps 54% to $8.2M

Genuine Parts Company reports 2019 executive compensation

By ExecPay News

Published: March 3, 2020

Genuine Parts Company reported fiscal year 2019 executive compensation information on March 3, 2020.
In 2019, six executives at Genuine Parts Company received on average a compensation package of $3.4M, a 40% increase compared to previous year.
Average pay of disclosed executives at Genuine Parts Company
Paul D. Donahue, Chief Executive Officer, received $8.2M in total, which increased by 54% compared to 2018. 37% of Donahue's compensation, or $3M, was in stock awards. Donahue also received $2.4M of change in pension value and nonqualified deferred compensation earnings, $1.5M in non-equity incentive plan, $1.2M in salary, as well as $92K in other compensation.
For fiscal year 2019, the median employee pay was $39,321 at Genuine Parts Company. Therefore, the ratio of Paul D. Donahue's pay to the median employee pay was 208 to one.
Scott A. Sonnemaker, Group President, received a compensation package of $3.5M. 61% of the compensation package, or $2.1M, was in stock awards.
Carol B. Yancey, Chief Financial Officer, earned $3.5M in 2019, a 62% increase compared to previous year.
Kevin E. Herron, President — U.S. Automotive Parts Group, received $2.1M in 2019.
Randall P. Breaux, President — Motion Industries, earned $1.7M in 2019.
James R. Neill, Chief Human Resources Officer, received $1.5M in 2019, which increases by 39% compared to 2018.

Related executives

Paul Donahue

Genuine Parts Company

Chief Executive Officer

Carol Yancey

Genuine Parts Company

Chief Financial Officer

Scott Sonnemaker

Genuine Parts Company

Group President

James Neill

Genuine Parts Company

Chief Human Resources Officer

Kevin Herron

Genuine Parts Company

President — U.S. Automotive Parts Group

Randall Breaux

Genuine Parts Company

President — Motion Industries

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Source: SEC filing on March 3, 2020.