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.
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.