Nucor CEO John Ferriola's 2019 pay jumps 23% to $19M
Nucor reports 2019 executive compensation
By ExecPay News
Published: March 27, 2020
Nucor reported fiscal year 2019 executive compensation information on March 27, 2020.
In 2019, eight Nucor executives received on average a compensation package of $7.6M, a 9% increase compared to previous year.
Average pay of disclosed executives at Nucor
John J. Ferriola, Chief Executive Officer, received $19M in total, which increased by 23% compared to 2018. 45% of Ferriola's compensation, or $8.5M, was in stock awards. Ferriola also received $3.9M in non-equity incentive plan, $1.8M in option awards, $1.5M in salary, as well as $3.5M in other compensation.
For fiscal year 2019, the median employee pay was $87,573 at Nucor. Therefore, the ratio of John J. Ferriola's pay to the median employee pay was 218 to one.
R. Joseph Stratman, Former Chief Digital Officer and Executive Vice President, received a compensation package of $7.5M, which increased by 49% compared to previous year. 55% of the compensation package, or $4.1M, was in stock awards.
James D. Frias, Chief Financial Officer, earned $6.1M in 2019, a 13% increase compared to previous year.
Ladd R. Hall, Executive Vice President, received $5.8M in 2019, which increases by 20% compared to 2018.
Raymond S. Napolitan, Jr, Executive Vice President, earned $5.6M in 2019, a 22% increase compared to previous year.
David A. Sumoski, Executive Vice President, received $5.5M in 2019.
D. Chad Utermark, Executive Vice President, earned $5.5M in 2019.
Leon J. Topalian, Chief Operating Officer, received $5.5M in 2019.
Related executives
John Ferriola
Nucor
Chief Executive Officer
James Frias
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Chief Financial Officer
Ladd Hall
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Former Executive Vice President
Raymond Napolitan
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Executive Vice President
David Sumoski
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Chief Operating Officer
D Utermark
Nucor
Executive Vice President
Leon Topalian
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Chief Executive Officer
R Stratman
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Source: SEC filing on March 27, 2020.