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.
Average pay of disclosed executives at Kennametal
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.

Related executives

Christopher Rossi

Kennametal

Chief Executive Officer

Damon Audia

Kennametal

Chief Financial Officer

Peter Dragich

Kennametal

Vice President and President Industrial Business Segment

Ronald Port

Kennametal

Vice President and President Infrastructure Business Segment

Judith Bacchus

Kennametal

Chief Administrative Officer

Jan van Gaalen

Kennametal

Chief Financial Officer

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Source: SEC filing on September 16, 2019.