Kennametal CEO Christopher Rossi's 2022 pay slips 5% to $6.1M
Kennametal reports 2022 executive compensation
By ExecPay News
Published: September 13, 2022
Kennametal reported fiscal year 2022 executive compensation information on September 13, 2022.
In 2022, six Kennametal executives received on average a compensation package of $2.2M, a 26% decrease compared to previous year.
Average pay of disclosed executives at Kennametal
Christopher Rossi, Chief Executive Officer, received $6.1M in total, which decreased by 5% compared to 2021. 62% of Rossi's compensation, or $3.8M, was in stock awards. Rossi also received $1.2M in non-equity incentive plan, $971K in salary, as well as $167K in other compensation.
For fiscal year 2022, the median employee pay was $47,133 at Kennametal. Therefore, the ratio of Christopher Rossi's pay to the median employee pay was 130 to one.
Sanjay Chowbey, Vice President and President, Metal Cutting Business Segment, received a compensation package of $2.3M. 63% of the compensation package, or $1.4M, was in stock awards.
Damon Audia, Chief Financial Officer, earned $1.6M in 2022, a 34% decrease compared to previous year.
Franklin Cardenas, Vice President and President, Infrastructure Business Segment, received $1.5M in 2022, which decreases by 13% compared to 2021.
Judith L. Bacchus, Chief Administrative Officer, earned $1.3M in 2022, a 10% decrease compared to previous year.
Patrick Watson, Chief Financial Officer, received $577K in 2022.
Kennametal's fiscal year ends on June 30.
Related executives
Christopher Rossi
Kennametal
Chief Executive Officer
Patrick Watson
Kennametal
Chief Financial Officer
Judith Bacchus
Kennametal
Chief Administrative Officer
Franklin Cardenas
Kennametal
Vice President and President, Infrastructure Business Segment
Sanjay Chowbey
Kennametal
Vice President and President, Metal Cutting Business Segment
Damon Audia
Kennametal
Chief Financial Officer
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Source: SEC filing on September 13, 2022.