Sanmina CEO Robert Eulau's 2018 pay jumps 190% to $18.9M

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 $18.9M in total, which increased by 190% compared to 2017. 40.73% of Eulau's compensation, or $7.7M, was in stock awards. Eulau also received $397.9K 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. 86.10% 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 $770.8K in 2018, which decreases by 77% compared to 2017.
Alan McW. Reid, Executive Vice President, Global Human Resources, earned $691.1K in 2018, a 26% decrease compared to previous year.
Sanmina's fiscal year ends on September 28.

Related executives

Jure Sola

Sanmina

Chairman

Robert Eulau

Sanmina

Chief Executive Officer

Gerry Fay

Sanmina

Former Chief Business Officer

David Anderson

Sanmina

Chief Financial Officer

Alan Reid

Sanmina

Executive Vice President, Global Human Resources

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Source: SEC filing on January 24, 2019.