Patrick Industries Chairman Todd Cleveland's 2019 pay slips 4% to $6.6M
Patrick Industries reports 2019 executive compensation
By ExecPay News
Published: April 22, 2020
Patrick Industries reported fiscal year 2019 executive compensation information on April 22, 2020.
In 2019, five executives at Patrick Industries received on average a compensation package of $3.1M, a 6% increase compared to previous year.
Average pay of disclosed executives at Patrick Industries
Todd M. Cleveland, Chairman, received $6.6M in total, which decreased by 4% compared to 2018. 70% of Cleveland's compensation, or $4.6M, was in stock awards. Cleveland also received $1.2M in non-equity incentive plan, $731K in salary, as well as $15K in other compensation.
Andy L. Nemeth, Chief Executive Officer, received a compensation package of $3.6M, which increased by 30% compared to previous year. 68% of the compensation package, or $2.5M, was in stock awards.
Kip B. Ellis, Chief Operating Officer, earned $2M in 2019, a 7% increase compared to previous year.
Jeffrey M. Rodino, Chief Sales Officerand Executive Vice President of Sales, received $1.7M in 2019, which decreases by 6% compared to 2018.
Joshua A. Boone, Chief Financial Officer, earned $1.6M in 2019, a 21% increase compared to previous year.
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Source: SEC filing on April 22, 2020.