Sealed Air CEO Edward Doheny's 2020 pay jumps 31% to $12M
Sealed Air reports 2020 executive compensation
By ExecPay News
Published: April 6, 2021
Sealed Air reported fiscal year 2020 executive compensation information on April 6, 2021.
In 2020, five Sealed Air executives received on average a compensation package of $4.3M, a 51% increase compared to previous year.
Average pay of disclosed executives at Sealed Air
Edward L. Doheny II, Chief Executive Officer, received $12M in total, which increased by 31% compared to 2019. 87% of Doheny's compensation, or $10M, was in stock awards. Doheny also received $1.2M in salary and $375K in other compensation.
For fiscal year 2020, the median employee pay was $54,875 at Sealed Air. Therefore, the ratio of Edward L. Doheny II's pay to the median employee pay was 214 to one.
James M. Sullivan, Chief Financial Officer, received a compensation package of $2.8M, which increased by 64% compared to previous year. 43% of the compensation package, or $1.2M, was in stock awards.
Karl R. Deily, SVP, Chief Commercial Officer, earned $2.8M in 2020, a 7% increase compared to previous year.
Emile Z. Chammas, SVP, Chief Manufacturing and Supply Chain Officer & Chief Transformation Officer, received $2.8M in 2020, which increases by 12% compared to 2019.
Angel S. Willis, General Counsel, earned $1.4M in 2020.
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Source: SEC filing on April 6, 2021.