Group 1 Automotive CEO Earl Hesterberg's 2020 pay slips 8% to $7.3M
Group 1 Automotive reports 2020 executive compensation
By ExecPay News
Published: April 6, 2021
Group 1 Automotive reported fiscal year 2020 executive compensation information on April 6, 2021.
In 2020, six executives at Group 1 Automotive received on average a compensation package of $3.4M, a 3% decrease compared to previous year.
Average pay of disclosed executives at Group 1 Automotive
Earl J. Hesterberg, Chief Executive Officer, received $7.3M in total, which decreased by 8% compared to 2019. 50% of Hesterberg's compensation, or $3.6M, was in stock awards. Hesterberg also received $293K of change in pension value and nonqualified deferred compensation earnings, $2.4M in non-equity incentive plan, $900K in salary, as well as $60K in other compensation.
For fiscal year 2020, the median employee pay was $49,350 at Group 1 Automotive. Therefore, the ratio of Earl J. Hesterberg's pay to the median employee pay was 148 to one.
Daryl A. Kenningham, President, U.S. and Brazilian Operations, received a compensation package of $4.4M, which increased by 43% compared to previous year. 40% of the compensation package, or $1.8M, was in stock awards.
John C. Rickel, Chief Financial Officer, earned $3.6M in 2020, a 35% increase compared to previous year.
Frank Grese, Jr, Senior Vice President, Human Resources, Training and Operations Support, received $2.2M in 2020, which decreases by 1% compared to 2019.
Peter C. DeLongchamps, Senior Vice President, Manufacturer Relations, Financial Services and Public Affairs, earned $1.9M in 2020, a 2% increase compared to previous year.
Daniel J. McHenry, Chief Financial Officer, received $1.2M in 2020.
Related executives
Earl Hesterberg
Group 1 Automotive
Chief Executive Officer
Daryl Kenningham
Group 1 Automotive
President, U.S. and Brazilian Operations
Daniel McHenry
Group 1 Automotive
Chief Financial Officer
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 6, 2021.