Martin Marietta Materials CEO C Nye's 2021 pay rises 17% to $15M
Martin Marietta Materials reports 2021 executive compensation
By ExecPay News
Published: April 13, 2022
Martin Marietta Materials reported fiscal year 2021 executive compensation information on April 13, 2022.
In 2021, five executives at Martin Marietta Materials received on average a compensation package of $5.2M, a 11% increase compared to previous year.
Average pay of disclosed executives at Martin Marietta Materials
C. Howard Nye, Chief Executive Officer, received $15M in total, which increased by 17% compared to 2020. 57% of Nye's compensation, or $8.5M, was in stock awards. Nye also received $2.9M of change in pension value and nonqualified deferred compensation earnings, $2.3M in non-equity incentive plan, $1.3M in salary, as well as $31K in other compensation.
For fiscal year 2021, the median employee pay was $90,423 at Martin Marietta Materials. Therefore, the ratio of C. Howard Nye's pay to the median employee pay was 165 to one.
Roselyn R. Bar, General Counsel, received a compensation package of $3.9M, which decreased by 6% compared to previous year. 38% of the compensation package, or $1.5M, was in stock awards.
James A.J. Nickolas, Chief Financial Officer, earned $2.9M in 2021, a 14% increase compared to previous year.
Craig M. LaTorre, Senior Vice President, Chief Human Resource Officer, received $2.3M in 2021, which increases by 11% compared to 2020.
John P. Mohr, Senior Vice President, Chief Infromation Officer, earned $1.9M in 2021.
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
John Mohr
Martin Marietta Materials
Senior Vice President, Chief Infromation Officer
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Source: SEC filing on April 13, 2022.