Owens Corning CEO Brian Chambers' 2019 pay jumps 130% to $6.1M
Owens Corning reports 2019 executive compensation
By ExecPay News
Published: March 13, 2020
Owens Corning reported fiscal year 2019 executive compensation information on March 13, 2020.
In 2019, seven executives at Owens Corning received on average a compensation package of $2.6M, a 38% decrease compared to previous year.
Average pay of disclosed executives at Owens Corning
Brian D. Chambers, Chief Executive Officer, received $6.1M in total, which increased by 130% compared to 2018. 72% of Chambers' compensation, or $4.4M, was in stock awards. Chambers also received $699K in non-equity incentive plan, $918K in salary, as well as $84K in other compensation.
For fiscal year 2019, the median employee pay was $6,351,566 at Owens Corning. Therefore, the ratio of Brian D. Chambers' pay to the median employee pay was 1 to one.
Michael H. Thaman, Chief Executive Officer, received a compensation package of $3.4M, which decreased by 62% compared to previous year. 59% of the compensation package, or $2M, was in stock awards.
Michael C. McMurray, Chief Financial Officer, earned $2.2M in 2019, a 27% decrease compared to previous year.
Daniel T. Smith, Senior Vice President, Chief Growth Officer, received $2.1M in 2019, which decreases by 17% compared to 2018.
Marcio A. Sandri, President, Composites, earned $1.8M in 2019.
Ava Harter, General Counsel, received $1.8M in 2019.
Prithvi S. Gandhi, Chief Financial Officer, earned $1.1M in 2019.
Related executives
Brian Chambers
Owens Corning
Chief Executive Officer
Michael Thaman
Owens Corning
Chief Executive Officer
Prithvi Gandhi
Owens Corning
Chief Financial Officer
Daniel Smith
Owens Corning
Executive Vice President, Chief Growth Officer
Marcio Sandri
Owens Corning
President, Composites
Ava Harter
Owens Corning
General Counsel
Michael McMurray
Owens Corning
Chief Financial Officer
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Source: SEC filing on March 13, 2020.