Photronics CEO Peter Kirlin's 2018 pay jumps 31% to $1.5M

Photronics reports 2018 executive compensation

Published: February 28, 2019

Photronics reported fiscal year 2018 executive compensation information on February 28, 2019.

In 2018, six Photronics executives received on average a compensation package of $750.4K, a 12% increase compared to previous year.

Average pay of disclosed executives at Photronics

Peter S. Kirlin, Chief Executive Officer, received $1.5M in total, which increased by 31% compared to 2017. 38.22% of Kirlin's compensation, or $591K, was in salary. Kirlin also received $390K in bonus, $41K in option awards, $516K in stock awards, as well as $8.1K in other compensation.

Frank Lee, President, Asia IC Photomask, received a compensation package of $838.1K. 50.00% of the compensation package, or $419K, was in salary.

Christopher J. Progler, Chief Technology Officer, earned $674.4K in 2018, a 10% increase compared to previous year.

Richelle Burr, General Counsel, received $556.8K in 2018, which increases by 3% compared to 2017.

John P. Jordan, Chief Financial Officer, earned $500.9K in 2018, a 83% increase compared to previous year.

Constantine S. Macricostas, Chairman, received $385.8K in 2018, which decreases by 50% compared to 2017.

Photronics' fiscal year ends on October 31.