TPI COMPOSITES CEO Steven Lockard's 2020 pay jumps 44% to $3.7M
TPI COMPOSITES reports 2020 executive compensation
By ExecPay News
Published: April 2, 2021
TPI COMPOSITES reported fiscal year 2020 executive compensation information on April 2, 2021.
In 2020, six executives at TPI COMPOSITES received on average a compensation package of $2.2M, a 65% increase compared to previous year.
Average pay of disclosed executives at TPI COMPOSITES
Steven C. Lockard, Chief Executive Officer, received $3.7M in total, which increased by 44% compared to 2019. 46% of Lockard's compensation, or $1.7M, was in option awards. Lockard also received $81K in bonus, $193K in non-equity incentive plan, $398K in salary, $1.2M in stock awards, as well as $113K in other compensation.
William E. Siwek, Chief Executive Officer, received a compensation package of $3.5M, which increased by 119% compared to previous year. 61% of the compensation package, or $2.1M, was in stock awards.
James M. Hilderhoff, Chief Commercial Officer, earned $1.9M in 2020.
Ramesh Gopalakrishnan, Chief Operating Officer, received $1.5M in 2020, which increases by 58% compared to 2019.
Bryan R. Schumaker, Chief Financial Officer, earned $1.4M in 2020, a 4% increase compared to previous year.
Steven G. Fishbach, General Counsel, received $1M in 2020, which increases by 38% compared to 2019.
Related executives
William Siwek
TPI COMPOSITES
Chief Executive Officer
Bryan Schumaker
TPI COMPOSITES
Chief Financial Officer
James Hilderhoff
TPI COMPOSITES
Former Chief Commercial Officer
Ramesh Gopalakrishnan
TPI COMPOSITES
Chief Operating Officer
Steven Fishbach
TPI COMPOSITES
General Counsel
Steven Lockard
TPI COMPOSITES
Chief Executive Officer
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Source: SEC filing on April 2, 2021.