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.
Average pay of disclosed executives at Tyco International
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.

Related executives

George Oliver

Tyco International

Chief Executive Officer

Brian Stief

Tyco International

Chief Financial Officer

Jeffrey Williams

Tyco International

VP & President — Global Products, Building Technologies and Solutions

Ganesh Ramaswamy

Tyco International

Vice President & President — Global Services

Olivier Leonetti

Tyco International

Chief Financial Officer

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Source: SEC filing on January 22, 2021.