Meredith CEO Thomas Harty's 2020 pay slips 1% to $7.2M
Meredith reports 2020 executive compensation
By ExecPay News
Published: September 25, 2020
Meredith reported fiscal year 2020 executive compensation information on September 25, 2020.
In 2020, five Meredith executives received on average a compensation package of $4.1M, a 16% decrease compared to previous year.
Thomas H. Harty, Chief Executive Officer, received $7.2M in total, which decreased by 1% compared to 2019. 49.10% of Harty's compensation, or $3.5M, was of change in pension value and nonqualified deferred compensation earnings. Harty also received $592.3K in non-equity incentive plan, $741.8K in option awards, $966.6K in salary, $1.2M in stock awards, as well as $195.2K in other compensation.
For fiscal year 2020, the median employee pay was $77,987 at Meredith. Therefore, the ratio of Thomas H. Harty's pay to the median employee pay was 92 to one.
Joseph H. Ceryanec, Chief Financial Officer, received a compensation package of $5M, which increased by 39% compared to previous year. 31.72% of the compensation package, or $1.6M, was in other compensation.
John S. Zieser, General Counsel, earned $4.3M in 2020, a 9% decrease compared to previous year.
Patrick J. McCreery, President - Local Media, received $2.4M in 2020, which increases by 21% compared to 2019.
Jason M. Frierott, Chief Financial Officer, earned $1.7M in 2020.
Meredith's fiscal year ends on June 30.