Herc Holdings CEO Lawrence Silber's 2019 pay slips 13% to $4.2M
Herc Holdings reports 2019 executive compensation
By ExecPay News
Published: April 3, 2020
Herc Holdings reported fiscal year 2019 executive compensation information on April 3, 2020.
In 2019, five executives at Herc Holdings received on average a compensation package of $2.4M, a 18% increase compared to previous year.
Average pay of disclosed executives at Herc Holdings
Lawrence H. Silber, Chief Executive Officer, received $4.2M in total, which decreased by 13% compared to 2018. 57% of Silber's compensation, or $2.4M, was in stock awards. Silber also received $693K in non-equity incentive plan, $908K in salary, as well as $182K in other compensation.
For fiscal year 2019, the median employee pay was $89,161 at Herc Holdings. Therefore, the ratio of Lawrence H. Silber's pay to the median employee pay was 47 to one.
James Bruce Dressel, Chief Operating Officer, received a compensation package of $4.1M, which increased by 93% compared to previous year. 49% of the compensation package, or $2M, was in stock awards.
Mark H. Irion, Chief Financial Officer, earned $1.6M in 2019, a 31% decrease compared to previous year.
Christian J. Cunningham, Chief Human Resources Officer, received $1.2M in 2019, which decreases by 16% compared to 2018.
Tamir Peres, Chief Information Officer, earned $1.2M in 2019, a 8% decrease compared to previous year.
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Source: SEC filing on April 3, 2020.