Powell Industries CEO Brett Cope's 2018 pay jumps 62% to $1.9M

Powell Industries reports 2018 executive compensation

Published: January 7, 2019

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 $1.3M, a 44% increase compared to previous year.

Average pay of disclosed executives at Powell Industries

Brett A. Cope, Chief Executive Officer, received $1.9M in total, which increased by 62% compared to 2017. 44.75% of Cope's compensation, or $833.5K, was in non-equity incentive plan. Cope also received $495K in salary, $495K in stock awards, as well as $39.2K in other compensation.

Don R. Madison, Secretary, received a compensation package of $1.3M, which increased by 26% compared to previous year. 35.94% of the compensation package, or $467.2K, was in non-equity incentive plan.

Milburn E. Honeycutt, Chief Accounting Officer, earned $634.3K in 2018, a 40% increase compared to previous year.

Powell Industries' fiscal year ends on September 30.