Griffon reports 2018 executive compensation
CEO Ronald J. Kramer receives $14.4M
Griffon reported fiscal year 2018 executive compensation information on December 18, 2018.
In 2018, four Griffon executives received on average a compensation package of $5,843,130, a 22% increase compared to previous year.Average pay of disclosed executives at Griffon
Ronald J. Kramer, Chief Executive Officer, received $14,379,946 in total, which increased by 17% compared to 2017. 38.32% of Kramer's compensation, or $5,509,939, was in non-equity incentive plan. Kramer also received $2,250,000 in bonus, $1,046,013 in salary, $5,256,000 in stock awards, as well as $317,994 in other compensation.
Robert F. Mehmel, President, received a compensation package of $5,320,245, which increased by 25% compared to previous year. 32.93% of the compensation package, or $1,752,000, was in stock awards.
Brian G. Harris, Chief Financial Officer, earned $1,906,601 in 2018, a 39% increase compared to previous year.
Seth L. Kaplan, General Counsel, received $1,765,729 in 2018, which increases by 31% compared to 2017.
Griffon's fiscal year ends on September 30.