Kimball Electronics CEO Donald Charron's 2020 pay falls 23% to $1.8M
Kimball Electronics reports 2020 executive compensation
By ExecPay News
Published: September 29, 2020
Kimball Electronics reported fiscal year 2020 executive compensation information on September 29, 2020.
In 2020, five executives at Kimball Electronics received on average a compensation package of $847K, a 23% decrease compared to previous year.
Average pay of disclosed executives at Kimball Electronics
Donald D. Charron, Chief Executive Officer, received $1.8M in total, which decreased by 23% compared to 2019. 43% of Charron's compensation, or $767K, was in stock awards. Charron also received $284K in non-equity incentive plan, $710K in salary, as well as $31K in other compensation.
For fiscal year 2020, the median employee pay was $15,458 at Kimball Electronics. Therefore, the ratio of Donald D. Charron's pay to the median employee pay was 116 to one.
John H. Kahle, General Counsel, received a compensation package of $685K, which decreased by 28% compared to previous year. 58% of the compensation package, or $398K, was in salary.
Michael K. Sergesketter, Chief Financial Officer, earned $598K in 2020, a 20% decrease compared to previous year.
Steven T. Korn, Vice President, North American Operations, received $594K in 2020, which decreases by 20% compared to 2019.
Christopher J. Thyen, Vice President, New Platforms, earned $567K in 2020, a 19% decrease compared to previous year.
Kimball Electronics' fiscal year ends on June 30.
Related executives
Donald Charron
Kimball Electronics
Chief Executive Officer
John Kahle
Kimball Electronics
General Counsel
Steven Korn
Kimball Electronics
Vice President, North American Operations
Michael Sergesketter
Kimball Electronics
Chief Financial Officer
Christopher Thyen
Kimball Electronics
Vice President, New Platforms
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Source: SEC filing on September 29, 2020.