Simpson Manufacturing Co. CEO Karen Colonias' 2019 pay rises 15% to $3.4M
Simpson Manufacturing Co. reports 2019 executive compensation
By ExecPay News
Published: March 11, 2020
Simpson Manufacturing Co. reported fiscal year 2019 executive compensation information on March 11, 2020.
In 2019, five executives at Simpson Manufacturing Co. received on average a compensation package of $1.5M, a 6% increase compared to previous year.
Average pay of disclosed executives at Simpson Manufacturing Co.
Karen Colonias, Chief Executive Officer, received $3.4M in total, which increased by 15% compared to 2018. 63% of Colonias' compensation, or $2.1M, was in stock awards. Colonias also received $449K in non-equity incentive plan, $775K in salary, as well as $30K in other compensation.
For fiscal year 2019, the median employee pay was $52,685 at Simpson Manufacturing Co.. Therefore, the ratio of Karen Colonias' pay to the median employee pay was 64 to one.
Brian J. Magstadt, Chief Financial Officer, received a compensation package of $1.3M, which decreased by 1% compared to previous year. 43% of the compensation package, or $559K, was in stock awards.
Roger Dankel, President of North American Sales of Simpson Strong-Tie Company Inc, earned $1.1M in 2019, a 1% increase compared to previous year.
Ricardo M. Arevalo, Chief Operating Officer, received $1.1M in 2019, which is about the same as previous year.
Kevin Swartzendruber, Senior Vice President, Finance, earned $620K in 2019, a 4% increase compared to previous year.
Related executives
Karen Colonias
Simpson Manufacturing Co.
Chief Executive Officer
Brian Magstadt
Simpson Manufacturing Co.
Chief Financial Officer
Roger Dankel
Simpson Manufacturing Co.
President of North American Sales of Company Inc
Kevin Swartzendruber
Simpson Manufacturing Co.
Senior Vice President, Finance
Ricardo Arevalo
Simpson Manufacturing Co.
Chief Operating Officer
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Source: SEC filing on March 11, 2020.