Granite Construction CEO Kyle Larkin's 2021 pay jumps 161% to $2.4M

Granite Construction reports 2021 executive compensation

By ExecPay News

Published: April 25, 2022

Granite Construction reported fiscal year 2021 executive compensation information on April 25, 2022.
In 2021, six executives at Granite Construction received on average a compensation package of $1.1M, a 25% increase compared to previous year.
Average pay of disclosed executives at Granite Construction
Kyle T. Larkin, Chief Executive Officer, received $2.4M in total, which increased by 161% compared to 2020. 61% of Larkin's compensation, or $1.4M, was in stock awards. Larkin also received $855K in salary and $69K in other compensation.
For fiscal year 2021, the median employee pay was $72,344 at Granite Construction. Therefore, the ratio of Kyle T. Larkin's pay to the median employee pay was 33 to one.
Jigisha Desai, Former Executive Vice President and Chief Strategy Officer Former Principal Financial Officer, received a compensation package of $1.5M, which increased by 114% compared to previous year. 59% of the compensation package, or $863K, was in other compensation.
Michael G. Tatusko, Senior Vice President and Mountain Group Manager, earned $904K in 2021, a 47% increase compared to previous year.
James A. Radich, Chief Operating Officer, received $665K in 2021, which decreases by 10% compared to 2020.
Brian R. Dowd, Senior Vice President and California Group Manager, earned $658K in 2021.
Elizabeth L. Curtis, Chief Financial Officer, received $575K in 2021.

Related executives

Kyle Larkin

Granite Construction

Chief Executive Officer

Elizabeth Curtis

Granite Construction

Chief Financial Officer

James Radich

Granite Construction

Chief Operating Officer

Michael Tatusko

Granite Construction

Senior Vice President and Mountain Group Manager

Brian Dowd

Granite Construction

Senior Vice President and California Group Manager

Jigisha Desai

Granite Construction

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

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Source: SEC filing on April 25, 2022.