Sterling Construction Co. CEO Joseph Cutillo's 2018 pay jumps 289% to $8.3M
Sterling Construction Co. reports 2018 executive compensation
By ExecPay News
Published: March 26, 2019
Sterling Construction Co. reported fiscal year 2018 executive compensation information on March 26, 2019.
In 2018, five executives at Sterling Construction Co. received on average a compensation package of $3.1M, a 287% increase compared to previous year.
Average pay of disclosed executives at Sterling Construction Co.
Joseph A. Cutillo, Chief Executive Officer, received $8.3M in total, which increased by 289% compared to 2017. 81% of Cutillo's compensation, or $6.7M, was in stock awards. Cutillo also received $903K in non-equity incentive plan, $632K in salary, as well as $64K in other compensation.
For fiscal year 2018, the median employee pay was $42,480 at Sterling Construction Co.. Therefore, the ratio of Joseph A. Cutillo's pay to the median employee pay was 196 to one.
Ronald A. Ballschmiede, Chief Financial Officer, received a compensation package of $3.6M, which increased by 178% compared to previous year. 74% of the compensation package, or $2.7M, was in stock awards.
Richard E. Chandler, Jr, General Counsel, earned $1.6M in 2018, a 265% increase compared to previous year.
Con L. Wadsworth, Chief Operating Officer, received $1.4M in 2018, which increases by 214% compared to 2017.
Craig B. Allen, Senior Vice President, Chief Compliance & Administration Officer, earned $500K in 2018.
Related executives
Joseph Cutillo
Sterling Construction Co.
Chief Executive Officer
Ronald Ballschmiede
Sterling Construction Co.
Chief Financial Officer
Con Wadsworth
Sterling Construction Co.
Chief Operating Officer
Richard Chandler
Sterling Construction Co.
General Counsel
Craig Allen
Sterling Construction Co.
Senior Vice President, Chief Compliance & Administration Officer
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Source: SEC filing on March 26, 2019.