Lindsay CEO Timothy Hassinger's 2020 pay rises 13% to $4.8M
Lindsay reports 2020 executive compensation
By ExecPay News
Published: November 24, 2020
Lindsay reported fiscal year 2020 executive compensation information on November 24, 2020.
In 2020, four Lindsay executives received on average a compensation package of $2M, a 14% increase compared to previous year.
Average pay of disclosed executives at Lindsay
Timothy L. Hassinger, Chief Executive Officer, received $4.8M in total, which increased by 13% compared to 2019. 36% of Hassinger's compensation, or $1.7M, was in stock awards. Hassinger also received $1.6M in non-equity incentive plan, $550K in option awards, $954K in salary, as well as $31K in other compensation.
For fiscal year 2020, the median employee pay was $53,093 at Lindsay. Therefore, the ratio of Timothy L. Hassinger's pay to the median employee pay was 91 to one.
Randy A. Wood, Chief Operating Officer, received a compensation package of $1.1M, which increased by 22% compared to previous year. 36% of the compensation package, or $402K, was in salary.
Brian L. Ketcham, Chief Financial Officer, earned $1.1M in 2020, a 15% increase compared to previous year.
J. Scott Marion, President - Infrastructure, received $774K in 2020, which increases by 10% compared to 2019.
Lindsay's fiscal year ends on August 31.
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Source: SEC filing on November 24, 2020.