Powell Industries CEO Brett Cope's 2020 pay rises 15% to $2.3M

Powell Industries reports 2020 executive compensation

By ExecPay News

Published: January 6, 2021

Powell Industries reported fiscal year 2020 executive compensation information on January 6, 2021.
In 2020, three executives at Powell Industries received on average a compensation package of $1.4M, a 41% increase compared to previous year.
Average pay of disclosed executives at Powell Industries
Brett A. Cope, Chief Executive Officer, received $2.3M in total, which increased by 15% compared to 2019. 41% of Cope's compensation, or $962K, was in non-equity incentive plan. Cope also received $25K of change in pension value and nonqualified deferred compensation earnings, $510K in salary, $780K in stock awards, as well as $54K in other compensation.
Michael W. Metcalf, Chief Financial Officer, received a compensation package of $1.2M, which increased by 17% compared to previous year. 31% of the compensation package, or $375K, was in non-equity incentive plan.
Milburn E. Honeycutt, Chief Accounting Officer, earned $680K in 2020, a 7% increase compared to previous year.
Powell Industries' fiscal year ends on September 30.

Related executives

Brett Cope

Powell Industries

Chief Executive Officer

Michael Metcalf

Powell Industries

Chief Financial Officer

Milburn Honeycutt

Powell Industries

Chief Accounting Officer

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Source: SEC filing on January 6, 2021.