Martin Marietta Materials CEO C Nye's 2020 pay rises 5% to $13M
Martin Marietta Materials reports 2020 executive compensation
By ExecPay News
Published: April 13, 2021
Martin Marietta Materials reported fiscal year 2020 executive compensation information on April 13, 2021.
In 2020, five executives at Martin Marietta Materials received on average a compensation package of $4.7M, a 2% increase compared to previous year.
Average pay of disclosed executives at Martin Marietta Materials
C. Howard Nye, Chief Executive Officer, received $13M in total, which increased by 5% compared to 2019. 53% of Nye's compensation, or $6.8M, was in stock awards. Nye also received $3.2M of change in pension value and nonqualified deferred compensation earnings, $1.7M in non-equity incentive plan, $1.2M in salary, as well as $33K in other compensation.
For fiscal year 2020, the median employee pay was $94,643 at Martin Marietta Materials. Therefore, the ratio of C. Howard Nye's pay to the median employee pay was 135 to one.
Roselyn R. Bar, General Counsel, received a compensation package of $4.1M, which decreased by 13% compared to previous year. 39% of the compensation package, or $1.6M, was of change in pension value and nonqualified deferred compensation earnings.
James A.J. Nickolas, Chief Financial Officer, earned $2.5M in 2020, a 5% increase compared to previous year.
Craig M. LaTorre, Senior Vice President, Chief Human Resource Officer, received $2.1M in 2020, which increases by 19% compared to 2019.
Daniel L. Grant, Senior Vice President, Strategy & Development, earned $1.7M in 2020, a 1% decrease 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 13, 2021.