Graham CEO James Lines' 2019 pay rises 4% to $1.2M
Graham reports 2019 executive compensation
By ExecPay News
Published: June 27, 2019
Graham reported fiscal year 2019 executive compensation information on June 27, 2019.
In 2019, five Graham executives received on average a compensation package of $653K, a 3% increase compared to previous year.
Average pay of disclosed executives at Graham
James R. Lines, Chief Executive Officer, received $1.2M in total, which increased by 4% compared to 2018. 37% of Lines' compensation, or $435K, was in salary. Lines also received $192K of change in pension value and nonqualified deferred compensation earnings, $181K in non-equity incentive plan, $349K in stock awards, as well as $20K in other compensation.
For fiscal year 2019, the median employee pay was $62,800 at Graham. Therefore, the ratio of James R. Lines' pay to the median employee pay was 19 to one.
Alan E. Smith, Vice President and General Manager - Batavia, received a compensation package of $593K, which increased by 7% compared to previous year. 42% of the compensation package, or $250K, was in salary.
Jeffrey F. Glajch, Chief Financial Officer, earned $573K in 2019, a 14% increase compared to previous year.
John N. Rice, Vice President of Sales, received $536K in 2019.
Jennifer R. Condame, Chief Accounting Officer, earned $386K in 2019, a 10% increase compared to previous year.
Graham's fiscal year ends on March 31.
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Source: SEC filing on June 27, 2019.