Sanmina CEO Robert Eulau's 2018 pay jumps 190% to $19M
Sanmina reports 2018 executive compensation
By ExecPay News
Published: January 24, 2019
Sanmina reported fiscal year 2018 executive compensation information on January 24, 2019.
In 2018, five Sanmina executives received on average a compensation package of $6.3M, a 9% decrease compared to previous year.
Average pay of disclosed executives at Sanmina
Robert K. Eulau, Chief Executive Officer, received $19M in total, which increased by 190% compared to 2017. 41% of Eulau's compensation, or $7.7M, was in stock awards. Eulau also received $398K of change in pension value and nonqualified deferred compensation earnings, $4.4M in option awards, $925K in salary, as well as $5.4M in other compensation.
Jure Sola, Chairman, received a compensation package of $8.9M, which decreased by 46% compared to previous year. 86% of the compensation package, or $7.7M, was in stock awards.
David Anderson, Chief Financial Officer, earned $2M in 2018.
Gerry Fay, Former Chief Business Officer, received $771K in 2018, which decreases by 77% compared to 2017.
Alan McW. Reid, Executive Vice President, Global Human Resources, earned $691K in 2018, a 26% decrease compared to previous year.
Sanmina's fiscal year ends on September 30.
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Source: SEC filing on January 24, 2019.