TE Connectivity CEO Terrence Curtin's 2018 pay slips 2% to $10.2M

TE Connectivity reports 2018 executive compensation

By ExecPay News

Published: January 18, 2019

TE Connectivity reported fiscal year 2018 executive compensation information on January 18, 2019.
In 2018, six executives at TE Connectivity received on average a compensation package of $4.6M, a 18% decrease compared to previous year.
Average pay of disclosed executives at TE Connectivity
Terrence R. Curtin, Chief Executive Officer, received $10.2M in total, which decreased by 2% compared to 2017. 32.81% of Curtin's compensation, or $3.4M, was in stock awards. Curtin also received $2.2M in non-equity incentive plan, $3.1M in option awards, $1.1M in salary, as well as $457.9K in other compensation.
Heath A. Mitts, Chief Financial Officer, received a compensation package of $3.9M, which increased by 6% compared to previous year. 27.11% of the compensation package, or $1.1M, was in stock awards.
Steven T. Merkt, President, Transportation Solutions, earned $3.8M in 2018, a 5% decrease compared to previous year.
Kevin N. Rock, President, Industrial Solutions, received $3.5M in 2018.
Thomas J. Lynch, Chairman, earned $3.2M in 2018, a 61% decrease compared to previous year.
John S. Jenkins, Jr, General Counsel, received $2.9M in 2018, which decreases by 8% compared to 2017.
TE Connectivity's fiscal year ends on September 28.

Related executives

Terrence Curtin

TE Connectivity

Chief Executive Officer

Thomas Lynch

TE Connectivity

Chairman

Heath Mitts

TE Connectivity

Chief Financial Officer

Steven Merkt

TE Connectivity

President, Transportation Solutions

Kevin Rock

TE Connectivity

President, Industrial Solutions

John Jenkins

TE Connectivity

General Counsel

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Source: SEC filing on January 18, 2019.