Plexus reports 2018 executive compensation

CEO Todd P. Kelsey receives $6.7M

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

In 2018, five Plexus executives received on average a compensation package of $3,092,593, a 16% increase compared to previous year.

Average pay of disclosed executives at Plexus

Todd P. Kelsey, Chief Executive Officer, received $6,673,723 in total, which increased by 24% compared to 2017. 51.74% of Kelsey's compensation, or $3,453,316, was in stock awards. Kelsey also received $2,087,928 in non-equity incentive plan, $915,000 in salary, as well as $217,479 in other compensation.

Steven J. Frisch, Chief Operating Officer, received a compensation package of $2,791,655, which increased by 11% compared to previous year. 47.28% of the compensation package, or $1,319,954, was in stock awards.

Patrick J. Jermain, Chief Financial Officer, earned $2,294,915 in 2018, a 14% increase compared to previous year.

Angelo M. Ninivaggi, Chief Administrative Officer, received $1,906,625 in 2018, which increases by 13% compared to 2017.

Ronnie Darroch, Executive Vice President - Global Manufacturing Solutions and Regional President - AMER, earned $1,796,047 in 2018, which is about the same as previous year.

Plexus' fiscal year ends on September 29.