Tecnoglass CEO Jose Daes' 2018 pay rises 16% to $1.1M
Tecnoglass reports 2018 executive compensation
By ExecPay News
Published: November 27, 2019
Tecnoglass reported fiscal year 2018 executive compensation information on November 27, 2019.
In 2018, three Tecnoglass executives received on average a compensation package of $826K, a 51% increase compared to previous year.
Average pay of disclosed executives at Tecnoglass
Jose M. Daes, Chief Executive Officer, received $1.1M in total, which increased by 16% compared to 2017. 91% of Daes' compensation, or $1M, was in salary. Daes also received $102K in bonus.
Christian T. Daes, Chief Operating Officer, received a compensation package of $1.1M, which increased by 28% compared to previous year. 91% of the compensation package, or $1M, was in salary.
Santiago Giraldo, Chief Financial Officer, earned $234K in 2018, a 36% increase compared to previous year.
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Source: SEC filing on November 27, 2019.