Kennametal CEO Christopher Rossi's 2019 pay slips 4% to $5.4M
Kennametal reports 2019 executive compensation
By ExecPay News
Published: September 16, 2019
Kennametal reported fiscal year 2019 executive compensation information on September 16, 2019.
In 2019, six Kennametal executives received on average a compensation package of $2.8M, a 12% increase compared to previous year.
Christopher Rossi, Chief Executive Officer, received $5.4M in total, which decreased by 4% compared to 2018. 59.30% of Rossi's compensation, or $3.2M, was in stock awards. Rossi also received $966K in non-equity incentive plan, $889K in salary, as well as $348.5K in other compensation.
For fiscal year 2019, the median employee pay was $54,869 at Kennametal. Therefore, the ratio of Christopher Rossi's pay to the median employee pay was 99 to one.
Damon Audia, Chief Financial Officer, received a compensation package of $5.3M. 83.77% of the compensation package, or $4.4M, was in stock awards.
Peter A. Dragich, Vice President and President Industrial Business Segment, earned $2.2M in 2019, a 1% increase compared to previous year.
Ronald L. Port, Vice President and President Infrastructure Business Segment, received $1.5M in 2019, which increases by 17% compared to 2018.
Jan Kees van Gaalen, Chief Financial Officer, earned $1.2M in 2019, a 55% decrease compared to previous year.
Judith L. Bacchus, Chief Administrative Officer, received $1.1M in 2019.
Kennametal's fiscal year ends on June 30.
Chief Executive Officer
Chief Financial Officer
Vice President and President Industrial Business Segment
Vice President and President Infrastructure Business Segment
Chief Administrative Officer
Jan van Gaalen