Invacare CEO Matthew Monaghan's 2021 pay falls 22% to $6M
Invacare reports 2021 executive compensation
By ExecPay News
Published: April 4, 2022
Invacare reported fiscal year 2021 executive compensation information on April 4, 2022.
In 2021, six Invacare executives received on average a compensation package of $1.8M, a 27% decrease compared to previous year.
Average pay of disclosed executives at Invacare
Matthew E. Monaghan, Chief Executive Officer, received $6M in total, which decreased by 22% compared to 2020. 83% of Monaghan's compensation, or $5M, was in stock awards. Monaghan also received $955K in salary and $39K in other compensation.
For fiscal year 2021, the median employee pay was $44,747 at Invacare. Therefore, the ratio of Matthew E. Monaghan's pay to the median employee pay was 134 to one.
Kathleen P. Leneghan, Chief Financial Officer, received a compensation package of $1.8M, which decreased by 7% compared to previous year. 72% of the compensation package, or $1.3M, was in stock awards.
Ralf A. Ledda, Former Senior Vice President and General Manager EMEA, earned $874K in 2021, a 8% decrease compared to previous year.
Anthony C. LaPlaca, Chief Administrative Officer, received $822K in 2021, which decreases by 30% compared to 2020.
Joost Beltman, Senior Vice President and General Manager, North America, earned $800K in 2021.
Angela Goodwin, Chief Information Technology Officer, received $571K in 2021, which decreases by 7% compared to 2020.
Related executives
Matthew Monaghan
Invacare
Chief Executive Officer
Kathleen Leneghan
Invacare
Chief Financial Officer
Anthony LaPlaca
Invacare
Chief Administrative Officer
Ralf Ledda
Invacare
Former Senior Vice President and General Manager EMEA
Joost Beltman
Invacare
Senior Vice President and General Manager, North America
Angela Goodwin
Invacare
Chief Information Technology Officer
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Source: SEC filing on April 4, 2022.