Patterson Companies CEO Mark Walchirk's 2020 pay jumps 33% to $5.9M
Patterson Companies reports 2020 executive compensation
By ExecPay News
Published: July 31, 2020
Patterson Companies reported fiscal year 2020 executive compensation information on July 31, 2020.
In 2020, five executives at Patterson Companies received on average a compensation package of $2.4M, a 9% increase compared to previous year.
Mark S. Walchirk, Chief Executive Officer, received $5.9M in total, which increased by 33% compared to 2019. 41.60% of Walchirk's compensation, or $2.4M, was in stock awards. Walchirk also received $1.6M in non-equity incentive plan, $824.4K in option awards, $870.8K in salary, as well as $126.4K in other compensation.
For fiscal year 2020, the median employee pay was $66,897 at Patterson Companies. Therefore, the ratio of Mark S. Walchirk's pay to the median employee pay was 88 to one.
Donald J. Zurbay, Chief Financial Officer, received a compensation package of $2.3M, which decreased by 12% compared to previous year. 33.91% of the compensation package, or $787.5K, was in stock awards.
Eric R. Shirley, President, Patterson Dental, earned $1.3M in 2020.
Les B. Korsh, General Counsel, received $1.3M in 2020, which decreases by 48% compared to 2019.
Andrea L. Frohning, Chief Human Resources Officer, earned $1.2M in 2020, a 13% increase compared to previous year.
Patterson Companies' fiscal year ends on April 25.