TechnipFMC plc CEO Douglas Pferdehirt's 2018 pay rises 6% to $13M
TechnipFMC plc reports 2018 executive compensation
By ExecPay News
Published: March 15, 2019
TechnipFMC plc reported fiscal year 2018 executive compensation information on March 15, 2019.
In 2018, five executives at TechnipFMC plc received on average a compensation package of $6.3M, a 21% decrease compared to previous year.
Average pay of disclosed executives at TechnipFMC plc
Douglas J. Pferdehirt, Chief Executive Officer, received $13M in total, which increased by 6% compared to 2017. 59% of Pferdehirt's compensation, or $8M, was in stock awards. Pferdehirt also received $2.2M in non-equity incentive plan, $1.7M in option awards, $1.2M in salary, as well as $314K in other compensation.
For fiscal year 2018, the median employee pay was $59,634 at TechnipFMC plc. Therefore, the ratio of Douglas J. Pferdehirt's pay to the median employee pay was 225 to one.
Maryann T. Mannen, Chief Financial Officer, received a compensation package of $5.3M, which decreased by 27% compared to previous year. 53% of the compensation package, or $2.8M, was in stock awards.
Hallvard Hasselknippe, Former President, Subsea, earned $5.1M in 2018.
Dianne B. Ralston, Chief Legal Officer, received $3.9M in 2018, which is about the same as previous year.
Justin Rounce, Chief Technology Officer, earned $3.8M in 2018.
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Source: SEC filing on March 15, 2019.