MSC reports 2018 executive compensation
CEO Erik Gershwind receives $4.5M
MSC reported fiscal year 2018 executive compensation information on December 19, 2018.
In 2018, five MSC executives received on average a compensation package of $1,892,726, a 8% increase compared to previous year.Average pay of disclosed executives at MSC
Erik Gershwind, Chief Executive Officer, received $4,461,519 in total, which increased by 13% compared to 2017. 38.11% of Gershwind's compensation, or $1,700,063, was in non-equity incentive plan. Gershwind also received $899,995 in option awards, $740,723 in salary, $1,099,992 in stock awards, as well as $20,746 in other compensation.
Rustom Jilla, Chief Financial Officer, received a compensation package of $1,665,701, which increased by 2% compared to previous year. 30.33% of the compensation package, or $505,169, was in salary.
Douglas Jones, Executive Vice President, earned $1,222,172 in 2018, which is about the same as previous year.
Steve Armstrong, General Counsel, received $1,126,353 in 2018, which increases by 10% compared to 2017.
Steven Baruch, Executive Vice President, earned $987,885 in 2018.
MSC's fiscal year ends on September 1.