Scholastic CEO Richard Robinson's 2018 pay slips 13% to $4.3M
Scholastic reports 2018 executive compensation
By ExecPay News
Published: August 14, 2018
Scholastic reported fiscal year 2018 executive compensation information on August 14, 2018.
In 2018, six Scholastic executives received on average a compensation package of $2.1M, a 10% decrease compared to previous year.
Average pay of disclosed executives at Scholastic
Richard Robinson, Chief Executive Officer, received $4.3M in total, which decreased by 13% compared to 2017. 54% of Robinson's compensation, or $2.3M, was in option awards. Robinson also received $34K of change in pension value and nonqualified deferred compensation earnings, $515K in non-equity incentive plan, $970K in salary, as well as $472K in other compensation.
Maureen O'Connell, Chief Financial Officer, received a compensation package of $3.4M, which increased by 52% compared to previous year. 66% of the compensation package, or $2.2M, was in other compensation.
Judith Newman, Executive Vice President and President, Scholastic Book Clubs, earned $1.3M in 2018, a 15% decrease compared to previous year.
Andrew S. Hedden, General Counsel, received $1.2M in 2018, which decreases by 14% compared to 2017.
Alan J. Boyko, President, Scholastic Book Fairs, Inc, earned $1.2M in 2018, a 11% decrease compared to previous year.
Kenneth J. Cleary, Chief Financial Officer, received $913K in 2018.
Scholastic's fiscal year ends on May 31.
Related executives
Richard Robinson
Scholastic
Chief Executive Officer
Kenneth Cleary
Scholastic
Chief Financial Officer
Judith Newman
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Executive Vice President and President, Scholastic Book Clubs
Andrew Hedden
Scholastic
General Counsel
Alan Boyko
Scholastic
President, Scholastic Book Fairs, Inc
Maureen O'Connell
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Chief Financial Officer
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Source: SEC filing on August 14, 2018.