Tyco International CEO George Oliver's 2020 pay slips 11% to $14M
Tyco International reports 2020 executive compensation
By ExecPay News
Published: January 22, 2021
Tyco International reported fiscal year 2020 executive compensation information on January 22, 2021.
In 2020, five executives at Tyco International received on average a compensation package of $7.6M, a 21% decrease compared to previous year.
George R. Oliver, Chief Executive Officer, received $14M in total, which decreased by 11% compared to 2019. 52% of Oliver's compensation, or $7.1M, was in stock awards. Oliver also received $2.1M in non-equity incentive plan, $2.4M in option awards, $1.3M in salary, as well as $766K in other compensation.
For fiscal year 2020, the median employee pay was $38,462 at Tyco International. Therefore, the ratio of George R. Oliver's pay to the median employee pay was 357 to one.
Jeffrey Williams, VP & President — Global Products, Building Technologies and Solutions, received a compensation package of $7M, which increased by 60% compared to previous year. 33% of the compensation package, or $2.3M, was in other compensation.
Ganesh Ramaswamy, Vice President & President — Global Services, earned $6.5M in 2020.
Olivier Leonetti, Chief Financial Officer, received $6.4M in 2020.
Brian J. Stief, Chief Financial Officer, earned $4.4M in 2020, a 10% decrease compared to previous year.
Tyco International's fiscal year ends on September 30.
Chief Executive Officer
Chief Financial Officer
VP & President — Global Products, Building Technologies and Solutions
Vice President & President — Global Services