Kennametal CEO Christopher Rossi receives $5.6M in 2018
Kennametal reports 2018 executive compensation
By ExecPay News
Published: September 13, 2018
Kennametal reported fiscal year 2018 executive compensation information on September 13, 2018.
In 2018, eight Kennametal executives received on average a compensation package of $2.3M, a 21% decrease compared to previous year.
Average pay of disclosed executives at Kennametal
Christopher Rossi, Chief Executive Officer, received $5.6M in total. 49% of Rossi's compensation, or $2.8M, was in stock awards. Rossi also received $500K in bonus, $1.6M in non-equity incentive plan, $779K in salary, as well as $51K in other compensation.
Jan Kees van Gaalen, Chief Financial Officer, received a compensation package of $2.6M, which increased by 7% compared to previous year. 38% of the compensation package, or $994K, was in stock awards.
Charles M. Byrnes, Former Vice President and President Industrial Business Segment, earned $2.3M in 2018, which is about the same as previous year.
Ronald M. De Feo, Chief Executive Officer, received $2.2M in 2018, which decreases by 66% compared to 2017.
Peter A. Dragich, Vice President and President Industrial Business Segment, earned $2.1M in 2018, a 6% decrease compared to previous year.
Ronald L. Port, Vice President and President Infrastructure Business Segment, received $1.3M in 2018.
Metal Cutting Ronald L. Port, Vice President and Chief Commercial Officer,, earned $1.3M in 2018.
Michelle R. Keating, General Counsel, received $1.1M in 2018.
Kennametal's fiscal year ends on June 30.
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Michelle Keating
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Source: SEC filing on September 13, 2018.