Hillenbrand CEO Joe Raver's 2019 pay rises 2% to $5.5M
Hillenbrand reports 2019 executive compensation
By ExecPay News
Published: January 2, 2020
Hillenbrand reported fiscal year 2019 executive compensation information on January 2, 2020.
In 2019, five executives at Hillenbrand received on average a compensation package of $2.8M, a 1% decrease compared to previous year.
Average pay of disclosed executives at Hillenbrand
Joe A. Raver, Chief Executive Officer, received $5.5M in total, which increased by 2% compared to 2018. 41% of Raver's compensation, or $2.2M, was in stock awards. Raver also received $1.3M in non-equity incentive plan, $1.1M in option awards, $844K in salary, as well as $18K in other compensation.
For fiscal year 2019, the median employee pay was $49,407 at Hillenbrand. Therefore, the ratio of Joe A. Raver's pay to the median employee pay was 111 to one.
Kimberly K. Ryan, Senior Vice President and President of, received a compensation package of $3.8M, which increased by 10% compared to previous year. 54% of the compensation package, or $2M, was in other compensation.
Kristina A. Cerniglia, Chief Financial Officer, earned $2M in 2019, a 1% increase compared to previous year.
Batesville J. Michael Whitted, Senior Vice President, Strategy and Corporate Development, received $1.6M in 2019, which decreases by 28% compared to 2018.
Coperion Christopher H. Trainor, Senior Vice President and President of, earned $1.4M in 2019, a 1% increase compared to previous year.
Hillenbrand's fiscal year ends on September 30.
Related executives
You may also like
Source: SEC filing on January 2, 2020.