Navistar reports 2018 executive compensation
CEO Troy A. Clarke receives $6.9M
Navistar reported fiscal year 2018 executive compensation information on December 19, 2018.
In 2018, five Navistar executives received on average a compensation package of $3,092,707, a 28% increase compared to previous year.Average pay of disclosed executives at Navistar
Troy A. Clarke, Chief Executive Officer, received $6,923,149 in total, which increased by 25% compared to 2017. 33.95% of Clarke's compensation, or $2,350,250, was in non-equity incentive plan. Clarke also received $593,454 of change in pension value and nonqualified deferred compensation earnings, $1,099,997 in option awards, $1,027,183 in salary, $1,649,976 in stock awards, as well as $202,289 in other compensation.
Walter G. Borst, Chief Financial Officer, received a compensation package of $2,963,368, which increased by 11% compared to previous year. 34.37% of the compensation package, or $1,018,578, was in non-equity incentive plan.
Persio V. Lisboa, President, Operations, earned $2,882,943 in 2018, a 22% increase compared to previous year.
William V. McMenamin, President Financial Services and Treasurer, received $1,537,392 in 2018, which increases by 28% compared to 2017.
Curt A. Kramer, General Counsel, earned $1,156,685 in 2018.
Navistar's fiscal year ends on October 31.