Plexus CEO Todd Kelsey's 2018 pay jumps 24% to $6.7M

Plexus reports 2018 executive compensation

Published: December 10, 2018

Plexus reported fiscal year 2018 executive compensation information on December 10, 2018.

In 2018, five Plexus executives received on average a compensation package of $3.1M, a 16% increase compared to previous year.

Average pay of disclosed executives at Plexus

Todd P. Kelsey, Chief Executive Officer, received $6.7M in total, which increased by 24% compared to 2017. 51.74% of Kelsey's compensation, or $3.5M, was in stock awards. Kelsey also received $2.1M in non-equity incentive plan, $915K in salary, as well as $217.5K in other compensation.

Steven J. Frisch, Chief Operating Officer, received a compensation package of $2.8M, which increased by 11% compared to previous year. 47.28% of the compensation package, or $1.3M, was in stock awards.

Patrick J. Jermain, Chief Financial Officer, earned $2.3M in 2018, a 14% increase compared to previous year.

Angelo M. Ninivaggi, Chief Administrative Officer, received $1.9M in 2018, which increases by 13% compared to 2017.

Ronnie Darroch, Executive Vice President - Global Manufacturing Solutions and Regional President - AMER, earned $1.8M in 2018, which is about the same as previous year.

Plexus' fiscal year ends on September 29.