Powell Industries CEO Brett Cope's 2018 pay jumps 62% to $1.9M
Powell Industries reports 2018 executive compensation
By ExecPay News
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. 45% of Cope's compensation, or $833K, was in non-equity incentive plan. Cope also received $495K in salary, $495K in stock awards, as well as $39K in other compensation.
Don R. Madison, Secretary, received a compensation package of $1.3M, which increased by 26% compared to previous year. 36% of the compensation package, or $467K, was in non-equity incentive plan.
Milburn E. Honeycutt, Chief Accounting Officer, earned $634K in 2018, a 40% increase compared to previous year.
Powell Industries' fiscal year ends on September 30.
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Source: SEC filing on January 7, 2019.