Hexcel CEO Nick Stanage's 2020 pay slips 10% to $8M
Hexcel reports 2020 executive compensation
By ExecPay News
Published: March 25, 2021
Hexcel reported fiscal year 2020 executive compensation information on March 25, 2021.
In 2020, seven Hexcel executives received on average a compensation package of $2.4M, a 25% decrease compared to previous year.
Average pay of disclosed executives at Hexcel
Nick L. Stanage, Chief Executive Officer, received $8M in total, which decreased by 10% compared to 2019. 35% of Stanage's compensation, or $2.8M, was in stock awards. Stanage also received $2.4M of change in pension value and nonqualified deferred compensation earnings, $206K in non-equity incentive plan, $1.7M in option awards, $801K in salary, as well as $161K in other compensation.
For fiscal year 2020, the median employee pay was $58,172 at Hexcel. Therefore, the ratio of Nick L. Stanage's pay to the median employee pay was 137 to one.
Brett Schneider, Former President, Industrial and Global Fibers, received a compensation package of $1.8M. 61% of the compensation package, or $1.1M, was in stock awards.
Colleen Pritchett, President, Aerospace, Americas and Fibers, earned $1.7M in 2020.
Robert G. Hennemuth, EVP, Human Resources and Communications, received $1.7M in 2020, which decreases by 10% compared to 2019.
Patrick J. Winterlich, Chief Financial Officer, earned $1.6M in 2020, a 10% decrease compared to previous year.
Gail E. Lehman, General Counsel, received $1.2M in 2020, which decreases by 15% compared to 2019.
Thierry Merlot, President, Aerospace Europe, Middle East, Africa and Asia Pacific and Industrial, earned $1.1M in 2020, a 55% decrease compared to previous year.
Related executives
Nick Stanage
Hexcel
Chief Executive Officer
Patrick Winterlich
Hexcel
Chief Financial Officer
Robert Hennemuth
Hexcel
EVP, Human Resources and Communications
Gail Lehman
Hexcel
General Counsel
Colleen Pritchett
Hexcel
President, Aerospace, Americas and Fibers
Brett Schneider
Hexcel
Former President, Industrial and Global Fibers
Thierry Merlot
Hexcel
President, Aerospace Europe, Middle East, Africa and Asia Pacific and Industrial
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Source: SEC filing on March 25, 2021.