Servotronics CEO Kenneth Trbovich's 2021 pay falls 23% to $854K
Servotronics reports 2021 executive compensation
By ExecPay News
Published: May 16, 2022
Servotronics reported fiscal year 2021 executive compensation information on May 16, 2022.
In 2021, three executives at Servotronics received on average a compensation package of $469K, a 20% decrease compared to previous year.
Average pay of disclosed executives at Servotronics
Kenneth D. Trbovich, Chief Executive Officer, received $854K in total, which decreased by 23% compared to 2020. 74% of Trbovich's compensation, or $632K, was in salary. Trbovich also received $221K in other compensation.
Lisa F. Bencel, Chief Financial Officer, received a compensation package of $294K, which decreased by 12% compared to previous year. 84% of the compensation package, or $246K, was in salary.
James C. Takacs, Chief Operating Officer, earned $259K in 2021, a 17% decrease compared to previous year.
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Source: SEC filing on May 16, 2022.