Key Tronic CEO Craig Gates' 2022 pay slips 15% to $1.4M

Key Tronic reports 2022 executive compensation

By ExecPay News

Published: September 14, 2022

Key Tronic reported fiscal year 2022 executive compensation information on September 14, 2022.
In 2022, three Key Tronic executives received on average a compensation package of $842K, a 17% decrease compared to previous year.
Average pay of disclosed executives at Key Tronic
Craig D. Gates, Chief Executive Officer, received $1.4M in total, which decreased by 15% compared to 2021. 57% of Gates' compensation, or $800K, was in salary. Gates also received $512K in non-equity incentive plan, $68K in option awards, as well as $12K in other compensation.
Brett R. Larsen, Chief Financial Officer, received a compensation package of $638K, which decreased by 19% compared to previous year. 67% of the compensation package, or $430K, was in salary.
Philip S. Hochberg, Executive Vice President, Business Development, earned $496K in 2022, a 22% decrease 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 14, 2022.