nVent Electric plc CEO Beth Wozniak's 2021 pay jumps 68% to $11M
nVent Electric plc reports 2021 executive compensation
By ExecPay News
Published: April 1, 2022
nVent Electric plc reported fiscal year 2021 executive compensation information on April 1, 2022.
In 2021, five executives at nVent Electric plc received on average a compensation package of $4M, a 68% increase compared to previous year.
Average pay of disclosed executives at nVent Electric plc
Beth A. Wozniak, Chief Executive Officer, received $11M in total, which increased by 68% compared to 2020. 54% of Wozniak's compensation, or $5.8M, was in stock awards. Wozniak also received $717K of change in pension value and nonqualified deferred compensation earnings, $2M in non-equity incentive plan, $1.2M in option awards, $914K in salary, as well as $17K in other compensation.
For fiscal year 2021, the median employee pay was $57,468 at nVent Electric plc. Therefore, the ratio of Beth A. Wozniak's pay to the median employee pay was 185 to one.
Sara E. Zawoyski, Chief Financial Officer, received a compensation package of $2.9M, which increased by 59% compared to previous year. 49% of the compensation package, or $1.4M, was in stock awards.
Jon D. Lammers, General Counsel, earned $2.4M in 2021, a 76% increase compared to previous year.
Joseph A. Ruzynski, President of Enclosures, received $2.2M in 2021, which increases by 67% compared to 2020.
Lynnette R. Heath, Chief Human Resources Officer, earned $1.9M in 2021, a 69% increase compared to previous year.
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Source: SEC filing on April 1, 2022.