Powell Industries reports 2018 executive compensation

CEO Brett A. Cope receives $1.9M

Powell Industries reported fiscal year 2018 executive compensation information on January 7, 2019.

In 2018, three executives at Powell Industries received on average a compensation package of $1,265,724, a 44% increase compared to previous year.

Average pay of disclosed executives at Powell Industries

Brett A. Cope, Chief Executive Officer, received $1,862,653 in total, which increased by 62% compared to 2017. 44.75% of Cope's compensation, or $833,456, was in non-equity incentive plan. Cope also received $495,000 in salary, $495,000 in stock awards, as well as $39,197 in other compensation.

Don R. Madison, Secretary, received a compensation package of $1,300,189, which increased by 26% compared to previous year. 35.94% of the compensation package, or $467,241, was in non-equity incentive plan.

Milburn E. Honeycutt, Chief Accounting Officer, earned $634,329 in 2018, a 40% increase compared to previous year.

Powell Industries' fiscal year ends on September 30.