Matthews International CEO Joseph Bartolacci's 2018 pay slips 7% to $6.6M

Matthews International reports 2018 executive compensation

Matthews International reported fiscal year 2018 executive compensation information on January 22, 2019.

In 2018, five executives at Matthews International received on average a compensation package of $2.6M, a 19% increase compared to previous year.

Average pay of disclosed executives at Matthews International

Joseph C. Bartolacci, Chief Executive Officer, received $6.6M in total, which decreased by 7% compared to 2017. 52.99% of Bartolacci's compensation, or $3.5M, was in stock awards. Bartolacci also received $1.1M of change in pension value and nonqualified deferred compensation earnings, $965.7K in non-equity incentive plan, $874.3K in salary, as well as $116.1K in other compensation.

Steven F. Nicola, Chief Financial Officer, received a compensation package of $2.5M, which is about the same as previous year. 38.38% of the compensation package, or $958.6K, was in stock awards.

David A. Schawk, Group President, earned $1.4M in 2018, a 52% increase compared to previous year.

Gregory S. Babe, Chief Technology Officer, received $1.3M in 2018, which increases by 8% compared to 2017.

Brian J. Dunn, Executive Vice President, Strategy and Corporate Development, earned $1.3M in 2018, a 46% increase compared to previous year.

Matthews International's fiscal year ends on September 30.