Manitowoc Co CEO Barry Pennypacker's 2019 pay jumps 25% to $6.4M

Manitowoc Co reports 2019 executive compensation

By ExecPay News

Published: March 26, 2020

Manitowoc Co reported fiscal year 2019 executive compensation information on March 26, 2020.
In 2019, five executives at Manitowoc Co received on average a compensation package of $2.8M, a 19% increase compared to previous year.
Average pay of disclosed executives at Manitowoc Co
Barry L. Pennypacker, Chief Executive Officer, received $6.4M in total, which increased by 25% compared to 2018. 40.61% of Pennypacker's compensation, or $2.6M, was in stock awards. Pennypacker also received $1.9M in non-equity incentive plan, $617.1K in option awards, $1M in salary, as well as $308.2K in other compensation.
For fiscal year 2019, the median employee pay was $61,661 at Manitowoc Co. Therefore, the ratio of Barry L. Pennypacker's pay to the median employee pay was 103 to one.
Aaron H. Ravenscroft, Executive Vice President, Cranes, received a compensation package of $2.5M, which increased by 39% compared to previous year. 29.90% of the compensation package, or $753K, was in stock awards.
David J. Antoniuk, Chief Financial Officer, earned $2.3M in 2019, a 19% increase compared to previous year.
Thomas L. Doerr, Jr, General Counsel, received $1.4M in 2019, which increases by 8% compared to 2018.
Terrance L. Collins, Senior Vice President, Human Resources, earned $1.4M in 2019.

Related executives

Barry Pennypacker

Manitowoc Co

Chief Executive Officer

David Antoniuk

Manitowoc Co

Chief Financial Officer

Aaron Ravenscroft

Manitowoc Co

Executive Vice President, Cranes

Thomas Doerr

Manitowoc Co

General Counsel

Terrance Collins

Manitowoc Co

Senior Vice President, Human Resources

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Source: SEC filing on March 26, 2020.