Group 1 Automotive CEO Earl Hesterberg's 2018 pay jumps 68% to $6.9M
Group 1 Automotive reports 2018 executive compensation
By ExecPay News
Published: April 11, 2019
Group 1 Automotive reported fiscal year 2018 executive compensation information on April 11, 2019.
In 2018, five executives at Group 1 Automotive received on average a compensation package of $3.2M, a 36% increase compared to previous year.
Average pay of disclosed executives at Group 1 Automotive
Earl J. Hesterberg, Chief Executive Officer, received $6.9M in total, which increased by 68% compared to 2017. 52% of Hesterberg's compensation, or $3.6M, was in stock awards. Hesterberg also received $338K of change in pension value and nonqualified deferred compensation earnings, $1.4M in non-equity incentive plan, $1.2M in salary, as well as $379K in other compensation.
For fiscal year 2018, the median employee pay was $50,931 at Group 1 Automotive. Therefore, the ratio of Earl J. Hesterberg's pay to the median employee pay was 136 to one.
Daryl A. Kenningham, President, U.S. Operations, received a compensation package of $2.6M, which increased by 11% compared to previous year. 38% of the compensation package, or $988K, was in stock awards.
John C. Rickel, Chief Financial Officer, earned $2.6M in 2018, a 16% increase compared to previous year.
Frank Grese, Jr, Senior Vice President, Human Resources, Training and Operations Support, received $2.1M in 2018, which increases by 27% compared to 2017.
Peter C. DeLongchamps, Senior Vice President, Manufacturer Relations, Financial Services and Public Affairs, earned $1.8M in 2018, a 28% increase compared to previous year.
Related executives
Earl Hesterberg
Group 1 Automotive
Chief Executive Officer
Daryl Kenningham
Group 1 Automotive
President, U.S. and Brazilian Operations
John Rickel
Group 1 Automotive
Chief Financial Officer
Frank Grese
Group 1 Automotive
Senior Vice President, Human Resources, Training and Operations Support
Peter DeLongchamps
Group 1 Automotive
Senior Vice President, Manufacturer Relations, Financial Services and Public Affairs
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Source: SEC filing on April 11, 2019.