Pactiv Evergreen CEO John McGrath's 2020 pay rises 4% to $8.7M
Pactiv Evergreen reports 2020 executive compensation
By ExecPay News
Published: April 29, 2021
Pactiv Evergreen reported fiscal year 2020 executive compensation information on April 29, 2021.
In 2020, six executives at Pactiv Evergreen received on average a compensation package of $3.8M, a 39% decrease compared to previous year.
Average pay of disclosed executives at Pactiv Evergreen
John McGrath, Chief Executive Officer, received $8.7M in total, which increased by 4% compared to 2019. 42% of McGrath's compensation, or $3.7M, was in non-equity incentive plan. McGrath also received $1.2M in bonus, $101K of change in pension value and nonqualified deferred compensation earnings, $1.6M in salary, $2M in stock awards, as well as $169K in other compensation.
John P. Rooney, Former President, Merchandising, received a compensation package of $3.6M, which decreased by 42% compared to previous year. 46% of the compensation package, or $1.7M, was in salary.
Michael J. Ragen, Chief Financial Officer, earned $3.1M in 2020, a 3% increase compared to previous year.
Timothy A Levenda, President, Foodservice, received $3M in 2020.
Thomas Degnan, Chief Executive Officer, earned $2.8M in 2020, a 63% decrease compared to previous year.
Eric A. Wulf, President, Food Merchandising, received $1.8M in 2020.
Related executives
Thomas Degnan
Pactiv Evergreen
Chief Executive Officer
John McGrath
Pactiv Evergreen
Chief Executive Officer
Michael Ragen
Pactiv Evergreen
Chief Financial Officer
Timothy Levenda
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President, Foodservice
Eric Wulf
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John Rooney
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Source: SEC filing on April 29, 2021.