Olin CEO Scott Sutton's 2021 pay jumps 514% to $10M
Olin reports 2021 executive compensation
By ExecPay News
Published: March 14, 2022
Olin reported fiscal year 2021 executive compensation information on March 14, 2022.
In 2021, five Olin executives received on average a compensation package of $4.6M, a 55% increase compared to previous year.
Average pay of disclosed executives at Olin
Scott M. Sutton, Chief Executive Officer, received $10M in total, which increased by 514% compared to 2020. 44% of Sutton's compensation, or $4.5M, was in stock awards. Sutton also received $1.7M in non-equity incentive plan, $3.1M in option awards, $750K in salary, as well as $95K in other compensation.
Pat D. Dawson, Executive Vice President, received a compensation package of $3.7M, which increased by 23% compared to previous year. 30% of the compensation package, or $1.1M, was in stock awards.
James A. Varilek, Chief Operating Officer, earned $3.4M in 2021, a 38% increase compared to previous year.
Todd A. Slater, Chief Financial Officer, received $3.1M in 2021, which increases by 41% compared to 2020.
Damian Gumpel, Vice President and President, Epoxy and Corporate Strategy, earned $2.6M in 2021, a 135% increase compared to previous year.
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Source: SEC filing on March 14, 2022.