Tyco International CEO George Oliver's 2021 pay rises 14% to $16M
Tyco International reports 2021 executive compensation
By ExecPay News
Published: January 21, 2022
Tyco International reported fiscal year 2021 executive compensation information on January 21, 2022.
In 2021, six executives at Tyco International received on average a compensation package of $5.8M, a 16% decrease compared to previous year.
Average pay of disclosed executives at Tyco International
George R. Oliver, Chief Executive Officer, received $16M in total, which increased by 14% compared to 2020. 45% of Oliver's compensation, or $7.1M, was in stock awards. Oliver also received $4.3M in non-equity incentive plan, $2.4M in option awards, $1.5M in salary, as well as $373K in other compensation.
For fiscal year 2021, the median employee pay was $43,640 at Tyco International. Therefore, the ratio of George R. Oliver's pay to the median employee pay was 359 to one.
Jeffrey Williams, VP & President — Global Products, Building Technologies and Solutions, received a compensation package of $5.4M, which decreased by 22% compared to previous year. 41% of the compensation package, or $2.2M, was in stock awards.
Olivier Leonetti, Chief Financial Officer, earned $4.7M in 2021, a 26% decrease compared to previous year.
Ganesh Ramaswamy, Vice President & President Global Services, received $4.1M in 2021, which decreases by 36% compared to 2020.
John Donofrio, General Counsel, earned $4.1M in 2021, a 14% increase compared to previous year.
Brian J. Stief, Chief Financial Officer, received $767K in 2021, which decreases by 83% compared to 2020.
Tyco International's fiscal year ends on September 30.
Related executives
George Oliver
Tyco International
Chief Executive Officer
Olivier Leonetti
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
John Donofrio
Tyco International
General Counsel
Brian Stief
Tyco International
Chief Financial Officer
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Source: SEC filing on January 21, 2022.