Lindsay reports 2018 executive compensation
CEO Timothy L. Hassinger receives $6.2M
Lindsay reported fiscal year 2018 executive compensation information on November 13, 2018.
In 2018, six Lindsay executives received on average a compensation package of $1,655,647, a 29% increase compared to previous year.Average pay of disclosed executives at Lindsay
Timothy L. Hassinger, Chief Executive Officer, received $6,231,073 in total. 64.78% of Hassinger's compensation, or $4,036,249, was in stock awards. Hassinger also received $678,000 in non-equity incentive plan, $599,972 in option awards, $796,154 in salary, as well as $120,698 in other compensation.
David B. Downing, Former Executive Vice President, received a compensation package of $966,745, which increased by 6% compared to previous year. 32.72% of the compensation package, or $316,366, was in salary.
Randy A. Wood, President - Irrigation, earned $925,264 in 2018, a 11% increase compared to previous year.
Brian L. Ketcham, Chief Financial Officer, received $909,439 in 2018, which increases by 10% compared to 2017.
J. Scott Marion, President - Infrastructure, earned $695,993 in 2018.
Richard W. Parod, Chief Executive Officer, received $205,366 in 2018, which decreases by 92% compared to 2017.
Lindsay's fiscal year ends on August 31.