Powell Industries CEO Brett Cope's 2019 pay rises 9% to $2M

Powell Industries reports 2019 executive compensation

By ExecPay News

Published: January 6, 2020

Powell Industries reported fiscal year 2019 executive compensation information on January 6, 2020.
In 2019, four executives at Powell Industries received on average a compensation package of $998K, a 21% decrease compared to previous year.
Average pay of disclosed executives at Powell Industries
Brett A. Cope, Chief Executive Officer, received $2M in total, which increased by 9% compared to 2018. 42% of Cope's compensation, or $850K, was in non-equity incentive plan. Cope also received $18K of change in pension value and nonqualified deferred compensation earnings, $495K in salary, $619K in stock awards, as well as $48K in other compensation.
Michael W. Metcalf, Chief Financial Officer, received a compensation package of $1M. 29% of the compensation package, or $302K, was in non-equity incentive plan.
Milburn E. Honeycutt, Chief Accounting Officer, earned $636K in 2019, which is about the same as previous year.
Don R. Madison, Secretary, received $279K in 2019, which decreases by 79% compared to 2018.
Powell Industries' fiscal year ends on September 30.

Related executives

Brett Cope

Powell Industries

Chief Executive Officer

Michael Metcalf

Powell Industries

Chief Financial Officer

Don Madison

Powell Industries

Secretary

Milburn Honeycutt

Powell Industries

Chief Accounting Officer

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Source: SEC filing on January 6, 2020.