Tyco International CEO George Oliver's 2020 pay slips 11% to $14M
Tyco International reports 2020 executive compensation
By ExecPay News
Published: January 21, 2022
Tyco International reported fiscal year 2020 executive compensation information on January 21, 2022.
In 2020, six executives at Tyco International received on average a compensation package of $6.9M, a 28% 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.
John Donofrio, General Counsel, received $3.6M in 2020, which decreases by 6% compared to 2019.
Tyco International's fiscal year ends on September 30.
Related executives
John Donofrio
Tyco International
General Counsel
George Oliver
Tyco International
Chief Executive Officer
Brian Stief
Tyco International
Chief Financial Officer
Jeffrey Williams
Tyco International
Former 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 21, 2022.