Griffon CEO Ronald Kramer's 2020 pay jumps 39% to $16M

Griffon reports 2020 executive compensation

By ExecPay News

Published: December 16, 2020

Griffon reported fiscal year 2020 executive compensation information on December 16, 2020.
In 2020, four Griffon executives received on average a compensation package of $6.3M, a 25% increase compared to previous year.
Average pay of disclosed executives at Griffon
Ronald J. Kramer, Chief Executive Officer, received $16M in total, which increased by 39% compared to 2019. 46% of Kramer's compensation, or $7.5M, was in non-equity incentive plan. Kramer also received $1.1M in salary, $7.2M in stock awards, as well as $406K in other compensation.
Robert F. Mehmel, Chief Operating Officer, received a compensation package of $5.4M, which increased by 18% compared to previous year. 44% of the compensation package, or $2.4M, was in stock awards.
Brian G. Harris, Chief Financial Officer, earned $1.9M in 2020, a 10% decrease compared to previous year.
Seth L. Kaplan, General Counsel, received $1.8M in 2020, which decreases by 8% compared to 2019.
Griffon's fiscal year ends on September 30.

Related executives

Ronald Kramer

Griffon

Chief Executive Officer

Robert Mehmel

Griffon

Chief Operating Officer

Brian Harris

Griffon

Chief Financial Officer

Seth Kaplan

Griffon

General Counsel

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Source: SEC filing on December 16, 2020.