Textron reports 2018 executive compensation
CEO Scott C. Donnelly receives $13.9M
Textron reported fiscal year 2018 executive compensation information on March 6, 2019.
In 2018, four Textron executives received on average a compensation package of $5,906,778, a 3% decrease compared to previous year.Average pay of disclosed executives at Textron
Scott C. Donnelly, Chief Executive Officer, received $13,948,917 in total, which decreased by 6% compared to 2017. 49.47% of Donnelly's compensation, or $6,900,386, was in stock awards. Donnelly also received $412,297 of change in pension value and nonqualified deferred compensation earnings, $2,223,000 in non-equity incentive plan, $3,068,171 in option awards, $1,229,077 in salary, as well as $115,986 in other compensation.
Frank T. Connor, Chief Financial Officer, received a compensation package of $5,213,434, which decreased by 5% compared to previous year. 38.20% of the compensation package, or $1,991,619, was in stock awards.
E. Robert Lupone, General Counsel, earned $2,813,313 in 2018, a 4% increase compared to previous year.
Julie G. Duffy, Executive Vice President, Human Resources, received $1,651,449 in 2018, which increases by 18% compared to 2017.
Textron's fiscal year ends on December 29.