Simpson Manufacturing Co. CEO Karen Colonias' 2020 pay jumps 44% to $4.9M
Simpson Manufacturing Co. reports 2020 executive compensation
By ExecPay News
Published: March 23, 2021
Simpson Manufacturing Co. reported fiscal year 2020 executive compensation information on March 23, 2021.
In 2020, five executives at Simpson Manufacturing Co. received on average a compensation package of $2M, a 31% increase compared to previous year.
Average pay of disclosed executives at Simpson Manufacturing Co.
Karen Colonias, Chief Executive Officer, received $4.9M in total, which increased by 44% compared to 2019. 50% of Colonias' compensation, or $2.5M, was in stock awards. Colonias also received $1.6M in non-equity incentive plan, $800K in salary, as well as $29K in other compensation.
For fiscal year 2020, the median employee pay was $58,024 at Simpson Manufacturing Co.. Therefore, the ratio of Karen Colonias' pay to the median employee pay was 84 to one.
Brian J. Magstadt, Chief Financial Officer, received a compensation package of $1.6M, which increased by 26% compared to previous year. 35% of the compensation package, or $562K, was in stock awards.
Roger Dankel, President of North American Sales of Company Inc, earned $1.4M in 2020, a 27% increase compared to previous year.
Terry Hammons, General Counsel, received $1.1M in 2020.
Kevin Swartzendruber, Senior Vice President, Finance, earned $851K in 2020, a 37% 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
Terry Hammons
Simpson Manufacturing Co.
General Counsel
Kevin Swartzendruber
Simpson Manufacturing Co.
Senior Vice President, Finance
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Source: SEC filing on March 23, 2021.