Powell Industries CEO Brett Cope's 2021 pay rises 2% to $2.4M
Powell Industries reports 2021 executive compensation
By ExecPay News
Published: January 6, 2022
Powell Industries reported fiscal year 2021 executive compensation information on January 6, 2022.
In 2021, three executives at Powell Industries received on average a compensation package of $1.4M, a 3% decrease compared to previous year.
Average pay of disclosed executives at Powell Industries
Brett A. Cope, Chief Executive Officer, received $2.4M in total, which increased by 2% compared to 2020. 39% of Cope's compensation, or $941K, was in non-equity incentive plan. Cope also received $96K of change in pension value and nonqualified deferred compensation earnings, $512K in salary, $780K in stock awards, as well as $54K in other compensation.
Michael W. Metcalf, Chief Financial Officer, received a compensation package of $1.1M, which decreased by 14% compared to previous year. 35% of the compensation package, or $367K, was in non-equity incentive plan.
Milburn E. Honeycutt, Chief Accounting Officer, earned $689K in 2021, a 1% increase compared to previous year.
Powell Industries' fiscal year ends on September 30.
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Source: SEC filing on January 6, 2022.