TE Connectivity Ltd. reports 2018 executive compensation
CEO Terrence R. Curtin receives $10.2M
TE Connectivity Ltd. reported fiscal year 2018 executive compensation information on January 18, 2019.
In 2018, six executives at TE Connectivity Ltd. received on average a compensation package of $4,589,014, a 18% decrease compared to previous year.Average pay of disclosed executives at TE Connectivity Ltd.
Terrence R. Curtin, Chief Executive Officer, received $10,237,011 in total, which decreased by 2% compared to 2017. 32.81% of Curtin's compensation, or $3,359,093, was in stock awards. Curtin also received $2,164,875 in non-equity incentive plan, $3,118,595 in option awards, $1,136,539 in salary, as well as $457,909 in other compensation.
Heath A. Mitts, Chief Financial Officer, received a compensation package of $3,908,920, which increased by 6% compared to previous year. 27.11% of the compensation package, or $1,059,636, was in stock awards.
Steven T. Merkt, President, Transportation Solutions, earned $3,782,090 in 2018, a 5% decrease compared to previous year.
Kevin N. Rock, President, Industrial Solutions, received $3,501,022 in 2018.
Thomas J. Lynch, Chairman, earned $3,195,725 in 2018, a 61% decrease compared to previous year.
John S. Jenkins, Jr, General Counsel, received $2,909,318 in 2018, which decreases by 8% compared to 2017.
TE Connectivity Ltd.'s fiscal year ends on September 28.