Schweitzer-Mauduit International CEO Jeffrey Kramer's 2021 pay slips 11% to $5.2M

Schweitzer-Mauduit International reports 2021 executive compensation

By ExecPay News

Published: March 18, 2022

Schweitzer-Mauduit International reported fiscal year 2021 executive compensation information on March 18, 2022.

In 2021, five executives at Schweitzer-Mauduit International received on average a compensation package of $2.1M, a 11% decrease compared to previous year.

Average pay of disclosed executives at Schweitzer-Mauduit International

Jeffrey Kramer, Chief Executive Officer, received $5.2M in total, which decreased by 11% compared to 2020. 64% of Kramer's compensation, or $3.3M, was in stock awards. Kramer also received $632K in non-equity incentive plan, $850K in salary, as well as $377K in other compensation.

R. Andrew Wamser, Jr, Chief Financial Officer, received a compensation package of $1.6M, which decreased by 15% compared to previous year. 48% of the compensation package, or $752K, was in stock awards.

Ricardo Nuñez, General Counsel, earned $1.3M in 2021, a 17% decrease compared to previous year.

Omar Hoek, EVP, Engineered Paper, received $1.2M in 2021, which decreases by 29% compared to 2020.

Tracey Peacock, EVP, Advanced Materials & Structures, earned $1.2M in 2021.