Nordson CEO Michael Hilton's 2019 pay rises 1% to $7M
Nordson reports 2019 executive compensation
By ExecPay News
Published: January 17, 2020
Nordson reported fiscal year 2019 executive compensation information on January 17, 2020.
In 2019, seven Nordson executives received on average a compensation package of $3M, a 7% increase compared to previous year.
Average pay of disclosed executives at Nordson
Michael F. Hilton, Chief Executive Officer, received $7M in total, which increased by 1% compared to 2018. 33% of Hilton's compensation, or $2.3M, was in stock awards. Hilton also received $1.3M of change in pension value and nonqualified deferred compensation earnings, $676K in non-equity incentive plan, $1.7M in option awards, $945K in salary, as well as $111K in other compensation.
Gregory A. Thaxton, Chief Financial Officer, received a compensation package of $3.4M, which increased by 74% compared to previous year. 49% of the compensation package, or $1.7M, was of change in pension value and nonqualified deferred compensation earnings.
John J. Keane, Executive Vice President, earned $3.2M in 2019, a 73% increase compared to previous year.
Gregory P. Merk, Executive Vice President, received $2.5M in 2019, which increases by 65% compared to 2018.
Jeffrey A. Pembroke, Executive Vice President, earned $2M in 2019, a 32% increase compared to previous year.
Sundaram Nagarajan, Chief Executive Officer, received $1.5M in 2019.
Stephen P. Lovass, Executive Vice President, earned $987K in 2019.
Nordson's fiscal year ends on October 31.
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Source: SEC filing on January 17, 2020.