Martin Marietta Materials CEO C Nye's 2019 pay jumps 43% to $12M
Martin Marietta Materials reports 2019 executive compensation
By ExecPay News
Published: April 16, 2020
Martin Marietta Materials reported fiscal year 2019 executive compensation information on April 16, 2020.
In 2019, five executives at Martin Marietta Materials received on average a compensation package of $4.6M, a 36% increase compared to previous year.
Average pay of disclosed executives at Martin Marietta Materials
C. Howard Nye, Chief Executive Officer, received $12M in total, which increased by 43% compared to 2018. 52% of Nye's compensation, or $6.3M, was in stock awards. Nye also received $3.1M of change in pension value and nonqualified deferred compensation earnings, $1.5M in non-equity incentive plan, $1.1M in salary, as well as $239K in other compensation.
For fiscal year 2019, the median employee pay was $67,956 at Martin Marietta Materials. Therefore, the ratio of C. Howard Nye's pay to the median employee pay was 180 to one.
Roselyn R. Bar, General Counsel, received a compensation package of $4.7M, which increased by 51% compared to previous year. 46% of the compensation package, or $2.2M, was of change in pension value and nonqualified deferred compensation earnings.
James A.J. Nickolas, Chief Financial Officer, earned $2.4M in 2019, a 20% increase compared to previous year.
Craig M. LaTorre, Chief Human Resources Officer, received $1.8M in 2019.
Daniel L. Grant, Senior Vice President, Strategy & Development, earned $1.8M in 2019, a 23% increase compared to previous year.
Related executives
C Nye
Martin Marietta Materials
Chief Executive Officer
James Nickolas
Martin Marietta Materials
Chief Financial Officer
Roselyn Bar
Martin Marietta Materials
General Counsel
Craig LaTorre
Martin Marietta Materials
Senior Vice President, Chief Human Resource Officer
Daniel Grant
Martin Marietta Materials
Senior Vice President, Strategy & Development
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Source: SEC filing on April 16, 2020.