Textron CEO Scott Donnelly's 2018 pay slips 6% to $13.9M

Textron reports 2018 executive compensation

Published: March 6, 2019

Textron reported fiscal year 2018 executive compensation information on March 6, 2019.

In 2018, four Textron executives received on average a compensation package of $5.9M, a 3% decrease compared to previous year.

Average pay of disclosed executives at Textron

Scott C. Donnelly, Chief Executive Officer, received $13.9M in total, which decreased by 6% compared to 2017. 49.47% of Donnelly's compensation, or $6.9M, was in stock awards. Donnelly also received $412.3K of change in pension value and nonqualified deferred compensation earnings, $2.2M in non-equity incentive plan, $3.1M in option awards, $1.2M in salary, as well as $116K in other compensation.

Frank T. Connor, Chief Financial Officer, received a compensation package of $5.2M, which decreased by 5% compared to previous year. 38.20% of the compensation package, or $2M, was in stock awards.

E. Robert Lupone, General Counsel, earned $2.8M in 2018, a 4% increase compared to previous year.

Julie G. Duffy, Executive Vice President, Human Resources, received $1.7M in 2018, which increases by 18% compared to 2017.

Textron's fiscal year ends on December 29.