Genuine Parts Company CEO Paul Donahue's 2020 pay rises 4% to $8.5M
Genuine Parts Company reports 2020 executive compensation
By ExecPay News
Published: March 2, 2021
Genuine Parts Company reported fiscal year 2020 executive compensation information on March 2, 2021.
In 2020, five executives at Genuine Parts Company received on average a compensation package of $3.5M, a 2% increase compared to previous year.
Average pay of disclosed executives at Genuine Parts Company
Paul D. Donahue, Chief Executive Officer, received $8.5M in total, which increased by 4% compared to 2019. 35% of Donahue's compensation, or $3M, was in stock awards. Donahue also received $2.7M of change in pension value and nonqualified deferred compensation earnings, $1.5M in non-equity incentive plan, $1.1M in salary, as well as $157K in other compensation.
For fiscal year 2020, the median employee pay was $33,733 at Genuine Parts Company. Therefore, the ratio of Paul D. Donahue's pay to the median employee pay was 253 to one.
Carol B. Yancey, Chief Financial Officer, received a compensation package of $3.5M, which increased by 1% compared to previous year. 34% of the compensation package, or $1.2M, was of change in pension value and nonqualified deferred compensation earnings.
Kevin E. Herron, President — U.S. Automotive Parts Group, earned $2.1M in 2020, a 1% increase compared to previous year.
Randall P. Breaux, President — Motion Industries, received $1.7M in 2020, which decreases by 2% compared to 2019.
James R. Neill, Chief Human Resources Officer, earned $1.6M in 2020, a 5% increase compared to previous year.
Related executives
Paul Donahue
Genuine Parts Company
Chief Executive Officer
Carol Yancey
Genuine Parts Company
Chief Financial Officer
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 2, 2021.