Cott CEO Thomas Harrington's 2019 pay rises 12% to $4.1M
Cott reports 2019 executive compensation
By ExecPay News
Published: March 26, 2020
Cott reported fiscal year 2019 executive compensation information on March 26, 2020.
In 2019, five Cott executives received on average a compensation package of $2.2M, a 34% decrease compared to previous year.
Thomas Harrington, Chief Executive Officer, received $4.1M in total, which increased by 12% compared to 2018. 38.05% of Harrington's compensation, or $1.6M, was in stock awards. Harrington also received $731K in non-equity incentive plan, $937.5K in option awards, $850K in salary, as well as $25.8K in other compensation.
For fiscal year 2019, the median employee pay was $45,056 at Cott. Therefore, the ratio of Thomas Harrington's pay to the median employee pay was 91 to one.
Charles R. Hinson, Chief Executive Officer, received a compensation package of $2.3M, which decreased by 8% compared to previous year. 56.08% of the compensation package, or $1.3M, was in non-equity incentive plan.
Jay Wells, Chief Financial and Administrative Officer, earned $1.8M in 2019, a 7% increase compared to previous year.
Marni Morgan Poe, Chief Legal Officer, received $1.4M in 2019, which is about the same as previous year.
Jerry Fowden, Chairman, earned $1.2M in 2019, a 83% decrease compared to previous year.
Cott's fiscal year ends on December 28.