LSB Industries CEO Mark Behrman's 2021 pay jumps 250% to $3.5M
LSB Industries reports 2021 executive compensation
By ExecPay News
Published: April 12, 2022
LSB Industries reported fiscal year 2021 executive compensation information on April 12, 2022.
In 2021, six executives at LSB Industries received on average a compensation package of $1.4M, a 128% increase compared to previous year.
Average pay of disclosed executives at LSB Industries
Mark T. Behrman, Chief Executive Officer, received $3.5M in total, which increased by 250% compared to 2020. 51% of Behrman's compensation, or $1.8M, was in stock awards. Behrman also received $250K in bonus, $787K in non-equity incentive plan, $650K in salary, as well as $7.8K in other compensation.
For fiscal year 2021, the median employee pay was $89,904 at LSB Industries. Therefore, the ratio of Mark T. Behrman's pay to the median employee pay was 39 to one.
Kristy D. Carver, Senior Vice President and Treasurer, received a compensation package of $1.3M, which increased by 163% compared to previous year. 53% of the compensation package, or $664K, was in bonus.
Michael J. Foster, General Counsel, earned $1.2M in 2021, a 117% increase compared to previous year.
Cheryl A. Maguire, Chief Financial Officer, received $1.2M in 2021, which increases by 129% compared to 2020.
John P. Burns, Executive Vice President Manufacturing, earned $835K in 2021, a 35% increase compared to previous year.
Damien J. Renwick, Executive Vice President and Chief Commercial Officer, received $706K in 2021.
Related executives
Mark Behrman
LSB Industries
Chief Executive Officer
Cheryl Maguire
LSB Industries
Chief Financial Officer
Michael Foster
LSB Industries
General Counsel
John Burns
LSB Industries
Executive Vice President Manufacturing
Damien Renwick
LSB Industries
Executive Vice President and Chief Commercial Officer
Kristy Carver
LSB Industries
Senior Vice President and Treasurer
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Source: SEC filing on April 12, 2022.