Potlatch CEO Michael Covey's 2018 pay slips 10% to $4.9M
Potlatch reports 2018 executive compensation
By ExecPay News
Published: March 29, 2019
Potlatch reported fiscal year 2018 executive compensation information on March 29, 2019.
In 2018, six Potlatch executives received on average a compensation package of $1.9M, a 3% decrease compared to previous year.
Average pay of disclosed executives at Potlatch
Michael J. Covey, Chief Executive Officer, received $4.9M in total, which decreased by 10% compared to 2017. 45% of Covey's compensation, or $2.2M, was in stock awards. Covey also received $229K of change in pension value and nonqualified deferred compensation earnings, $1.5M in non-equity incentive plan, $863K in salary, as well as $107K in other compensation.
Eric J. Cremers, Chief Operating Officer, received a compensation package of $2.3M, which decreased by 8% compared to previous year. 35% of the compensation package, or $804K, was in stock awards.
Jerald W. Richards, Chief Financial Officer, earned $1.2M in 2018, a 1% increase compared to previous year.
Thomas J. Temple, Vice President, Wood Products, received $1.1M in 2018, which decreases by 3% compared to 2017.
Darin R. Ball, Vice President, Resource, earned $949K in 2018, a 101% increase compared to previous year.
Lorrie D. Scott, General Counsel, received $931K in 2018, which decreases by 7% compared to 2017.
Related executives
Michael Covey
Potlatch
Chief Executive Officer
Jerald Richards
Potlatch
Chief Financial Officer
Eric Cremers
Potlatch
Chief Executive Officer
Thomas Temple
Potlatch
Former Vice President, Wood Products and Former Vice President
Darin Ball
Potlatch
Vice President, Timberlands
Lorrie Scott
Potlatch
General Counsel
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Source: SEC filing on March 29, 2019.