Granite Construction CEO James Roberts' 2018 pay slips 6% to $4.1M

Granite Construction reports 2018 executive compensation

By ExecPay News

Published: April 23, 2019

Granite Construction reported fiscal year 2018 executive compensation information on April 23, 2019.
In 2018, six executives at Granite Construction received on average a compensation package of $1.5M, a 14% decrease compared to previous year.
Average pay of disclosed executives at Granite Construction
James H. Roberts, Chief Executive Officer, received $4.1M in total, which decreased by 6% compared to 2017. 62% of Roberts' compensation, or $2.5M, was in stock awards. Roberts also received $629K in non-equity incentive plan, $900K in salary, as well as $60K in other compensation.
For fiscal year 2018, the median employee pay was $114,909 at Granite Construction. Therefore, the ratio of James H. Roberts' pay to the median employee pay was 36 to one.
James D. Richards, Senior Vice President and Northwest Group Manager, received a compensation package of $1.4M, which decreased by 19% compared to previous year. 48% of the compensation package, or $656K, was in stock awards.
Laurel J. Krzeminski, Chief Financial Officer, earned $1.3M in 2018, a 25% decrease compared to previous year.
Dale A. Swanberg, Senior Vice President and Large Projects Group Manager, received $962K in 2018, which increases by 15% compared to 2017.
Kyle T. Larkin, Senior Vice President and California Group Manager, earned $871K in 2018, a 26% increase compared to previous year.
Jigisha Desai, Chief Financial Officer, received $636K in 2018.

Related executives

James Roberts

Granite Construction

Chief Executive Officer

Jigisha Desai

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Former Executive Vice President and Chief Strategy Officer Former Principal Financial Officer

Kyle Larkin

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Chief Executive Officer

James Richards

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Senior Vice President and Heavy Civil Group Manager

Dale Swanberg

Granite Construction

Senior Vice President and Large Projects Group Manager

Laurel Krzeminski

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Source: SEC filing on April 23, 2019.