Key Tronic CEO Craig Gates' 2019 pay falls 31% to $685.8K

Key Tronic reports 2019 executive compensation

By ExecPay News

Published: September 16, 2019

Key Tronic reported fiscal year 2019 executive compensation information on September 16, 2019.
In 2019, five Key Tronic executives received on average a compensation package of $419.3K, a 24% decrease compared to previous year.
Average pay of disclosed executives at Key Tronic
Craig D. Gates, Chief Executive Officer, received $685.8K in total, which decreased by 31% compared to 2018. 90.40% of Gates' compensation, or $620K, was in salary. Gates also received $31K in option awards and $34.8K in other compensation.
For fiscal year 2019, the median employee pay was $9,174 at Key Tronic. Therefore, the ratio of Craig D. Gates' pay to the median employee pay was 75 to one.
Brett R. Larsen, Chief Financial Officer, received a compensation package of $398.2K, which decreased by 22% compared to previous year. 90.36% of the compensation package, or $359.8K, was in salary.
Douglas G. Burkhardt, Executive Vice President, Operations, earned $375.6K in 2019, a 17% decrease compared to previous year.
Philip S. Hochberg, Executive Vice President, Business Development, received $336K in 2019, which decreases by 25% compared to 2018.
Duane D. Mackleit, Vice President of Program Management, earned $301.1K in 2019, a 13% decrease compared to previous year.
Key Tronic's fiscal year ends on June 30.

Related executives

Craig Gates

Key Tronic

Chief Executive Officer

Brett Larsen

Key Tronic

Chief Financial Officer

Douglas Burkhardt

Key Tronic

Executive Vice President, Operations

Philip Hochberg

Key Tronic

Executive Vice President, Business Development

Duane Mackleit

Key Tronic

Vice President of Program Management

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Source: SEC filing on September 16, 2019.