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. 42.81% of Charron's compensation, or $766.8K, was in stock awards. Charron also received $283.9K in non-equity incentive plan, $709.8K in salary, as well as $30.6K 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 $685.3K, which decreased by 28% compared to previous year. 58.04% of the compensation package, or $397.8K, was in salary. Michael K. Sergesketter, Chief Financial Officer, earned $597.8K in 2020, a 20% decrease compared to previous year. Steven T. Korn, Vice President, North American Operations, received $594.3K in 2020, which decreases by 20% compared to 2019. Christopher J. Thyen, Vice President, New Platforms, earned $566.7K in 2020, a 19% decrease compared to previous year.
Kimball Electronics' fiscal year ends on June 30.
Chief Executive Officer
Vice President, North American Operations
Chief Financial Officer
Vice President, New Platforms
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