Middleby CEO Selim Bassoul's 2019 pay jumps 498% to $9.2M
Middleby reports 2019 executive compensation
By ExecPay News
Published: April 27, 2020
Middleby reported fiscal year 2019 executive compensation information on April 27, 2020.
In 2019, five Middleby executives received on average a compensation package of $4.9M, a 165% increase compared to previous year.
Average pay of disclosed executives at Middleby
Selim A. Bassoul, Chief Executive Officer, received $9.2M in total, which increased by 498% compared to 2018.
Timothy J. FitzGerald, Chief Executive Officer, received a compensation package of $7.2M, which increased by 102% compared to previous year. 70% of the compensation package, or $5.1M, was in stock awards.
David Brewer, Chief Operating Officer, earned $4.4M in 2019, a 191% increase compared to previous year.
Bryan E. Mittelman, Chief Financial Officer, received $1.9M in 2019.
Martin M. Lindsay, Secretary, earned $1.8M in 2019, a 128% increase compared to previous year.
Middleby's fiscal year ends on December 28.
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Source: SEC filing on April 27, 2020.