Key Tronic CEO Craig Gates' 2020 pay jumps 116% to $1.5M

Key Tronic reports 2020 executive compensation

By ExecPay News

Published: September 11, 2020

Key Tronic reported fiscal year 2020 executive compensation information on September 11, 2020.
In 2020, three Key Tronic executives received on average a compensation package of $906.7K, a 116% increase compared to previous year.
Average pay of disclosed executives at Key Tronic
Craig D. Gates, Chief Executive Officer, received $1.5M in total, which increased by 116% compared to 2019. 53.32% of Gates' compensation, or $791.5K, was in non-equity incentive plan. Gates also received $30.8K in option awards, $650.8K in salary, as well as $11.2K in other compensation.
Brett R. Larsen, Chief Financial Officer, received a compensation package of $689.8K, which increased by 73% compared to previous year. 53.64% of the compensation package, or $370K, was in salary.
Philip S. Hochberg, Executive Vice President, Business Development, earned $545.9K in 2020, a 62% increase compared to previous year.
Key Tronic's fiscal year ends on June 29.

Related executives

Craig Gates

Key Tronic

Chief Executive Officer

Brett Larsen

Key Tronic

Chief Financial Officer

Philip Hochberg

Key Tronic

Executive Vice President, Business Development

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Source: SEC filing on September 11, 2020.