Steelcase CEO James Keane's 2022 pay slips 15% to $6.3M
Steelcase reports 2022 executive compensation
By ExecPay News
Published: June 1, 2022
Steelcase reported fiscal year 2022 executive compensation information on June 1, 2022.
In 2022, eight Steelcase executives received on average a compensation package of $2.4M, a 13% decrease compared to previous year.
Average pay of disclosed executives at Steelcase
James P. Keane, Chief Executive Officer, received $6.3M in total, which decreased by 15% compared to 2021. 80% of Keane's compensation, or $5.1M, was in stock awards. Keane also received $212K in non-equity incentive plan, $930K in salary, as well as $126K in other compensation.
Sara E. Armbruster, Chief Executive Officer, received a compensation package of $5.4M, which increased by 305% compared to previous year. 82% of the compensation package, or $4.5M, was in stock awards.
David C. Sylvester, Chief Financial Officer, earned $1.8M in 2022, a 21% decrease compared to previous year.
Allan W. Smith, Jr, Senior Vice President, Chief Revenue Officer, received $1.3M in 2022, which increases by 12% compared to 2021.
Lizbeth S. O'Shaughnessy, Chief Administrative Officer, earned $1.3M in 2022, a 16% decrease compared to previous year.
James N. Ludwig, Former Vice President, Global Design and Product Engineering, received $1.1M in 2022.
Eddy F. Schmitt, Senior Vice President, Americas, earned $1M in 2022.
Robert G. Krestakos, Vice President, Global Operations, received $800K in 2022.
Steelcase's fiscal year ends on February 24.
Related executives
Sara Armbruster
Steelcase
Chief Executive Officer
David Sylvester
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Chief Financial Officer
Allan Smith
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Senior Vice President, Chief Revenue Officer
Lizbeth O'Shaughnessy
Steelcase
Chief Administrative Officer
Robert Krestakos
Steelcase
Vice President, Global Operations
James Ludwig
Steelcase
Former Vice President, Global Design and Product Engineering
Eddy Schmitt
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Senior Vice President, Americas
James Keane
Steelcase
Chief Executive Officer
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Source: SEC filing on June 1, 2022.