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

Sanmina reports 2018 executive compensation

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.