Simpson Manufacturing Co. reports 2018 executive compensation
CEO Karen Colonias receives $3M
Simpson Manufacturing Co. reported fiscal year 2018 executive compensation information on March 14, 2019.
In 2018, five executives at Simpson Manufacturing Co. received on average a compensation package of $1,418,683, a 30% decrease compared to previous year.Average pay of disclosed executives at Simpson Manufacturing Co.
Karen Colonias, Chief Executive Officer, received $2,957,788 in total, which decreased by 14% compared to 2017. 49.28% of Colonias' compensation, or $1,457,671, was in stock awards. Colonias also received $730,687 in non-equity incentive plan, $740,000 in salary, as well as $29,430 in other compensation.
Brian J. Magstadt, Chief Financial Officer, received a compensation package of $1,300,287, which decreased by 28% compared to previous year. 40.30% of the compensation package, or $524,003, was in stock awards.
Ricardo M. Arevalo, Chief Operating Officer, earned $1,121,432 in 2018, a 21% decrease compared to previous year.
Roger Dankel, President of North American Sales of Simpson Strong-Tie Company Inc, received $1,119,932 in 2018, which decreases by 21% compared to 2017.
Kevin Swartzendruber, Senior Vice President, Finance, earned $593,978 in 2018.