Alcoa CEO John Plant's 2021 pay falls 56% to $17M
Alcoa reports 2021 executive compensation
By ExecPay News
Published: April 8, 2022
Alcoa reported fiscal year 2021 executive compensation information on April 8, 2022.
In 2021, six Alcoa executives received on average a compensation package of $7.2M, a 42% decrease compared to previous year.
Average pay of disclosed executives at Alcoa
John C. Plant, Chief Executive Officer, received $17M in total, which decreased by 56% compared to 2020. 90% of Plant's compensation, or $15M, was in stock awards. Plant also received $1.6M in salary and $144K in other compensation.
Tolga I. Oal, Chief Executive Officer, received a compensation package of $7.2M, which increased by 43% compared to previous year. 51% of the compensation package, or $3.7M, was in stock awards.
Neil E. Marchuk, Chief Human Resources Officer, earned $6.9M in 2021, a 141% increase compared to previous year.
Kenneth J. Giacobbe, Chief Financial Officer, received $6.6M in 2021, which increases by 135% compared to 2020.
Michael N, Chanatry, Vice President and Chief Commercial Officer, earned $2.9M in 2021.
Lola F. Lin, Chief Legal Officer, received $2.3M in 2021.
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Source: SEC filing on April 8, 2022.