Sanmina CEO Hartmut Liebel's 2020 pay jumps 277% to $8.5M
Sanmina reports 2020 executive compensation
By ExecPay News
Published: January 28, 2021
Sanmina reported fiscal year 2020 executive compensation information on January 28, 2021.
In 2020, six Sanmina executives received on average a compensation package of $3.6M, a 9% decrease compared to previous year.
Average pay of disclosed executives at Sanmina
Hartmut Liebel, Chief Executive Officer, received $8.5M in total, which increased by 277% compared to 2019. 70% of Liebel's compensation, or $5.9M, was in stock awards. Liebel also received $850K in salary and $1.7M in other compensation.
Jure Sola, Chief Executive Officer, received a compensation package of $6M, which increased by 5% compared to previous year. 84% of the compensation package, or $5M, was in stock awards.
Kurt Adzema, Chief Financial Officer, earned $4.1M in 2020.
Alan McW. Reid, Executive Vice President, Global Human Resources, received $1.5M in 2020, which increases by 23% compared to 2019.
Dennis R. Young, Executive Vice President, Worldwide Sales, earned $1M in 2020, a 20% decrease compared to previous year.
David Anderson, Chief Financial Officer, received $306K in 2020, which decreases by 87% compared to 2019.
Sanmina's fiscal year ends on September 30.
Related executives
Jure Sola
Sanmina
Chief Executive Officer
Hartmut Liebel
Sanmina
Chief Executive Officer
Kurt Adzema
Sanmina
Chief Financial Officer
David Anderson
Sanmina
Chief Financial Officer
Dennis Young
Sanmina
Former Executive Vice President, Worldwide Sales
Alan Reid
Sanmina
Executive Vice President, Global Human Resources
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Source: SEC filing on January 28, 2021.