TPI COMPOSITES CEO William Siwek's 2021 pay slips 1% to $3.4M
TPI COMPOSITES reports 2021 executive compensation
By ExecPay News
Published: April 11, 2022
TPI COMPOSITES reported fiscal year 2021 executive compensation information on April 11, 2022.
In 2021, six executives at TPI COMPOSITES received on average a compensation package of $1.4M, a 33% decrease compared to previous year.
Average pay of disclosed executives at TPI COMPOSITES
William E. Siwek, Chief Executive Officer, received $3.4M in total, which decreased by 1% compared to 2020. 55% of Siwek's compensation, or $1.9M, was in stock awards. Siwek also received $686K in non-equity incentive plan, $829K in salary, as well as $18K in other compensation.
For fiscal year 2021, the median employee pay was $64,299 at TPI COMPOSITES. Therefore, the ratio of William E. Siwek's pay to the median employee pay was 53 to one.
Ramesh Gopalakrishnan, Chief Operating Officer, received a compensation package of $1.5M, which is about the same as previous year. 52% of the compensation package, or $774K, was in stock awards.
Bryan R. Schumaker, Chief Financial Officer, earned $1.2M in 2021, a 13% decrease compared to previous year.
Steven G. Fishbach, General Counsel, received $1M in 2021, which decreases by 2% compared to 2020.
Adan Gossar, Chief Financial Officer, earned $748K in 2021.
James M. Hilderhoff, Former Chief Commercial Officer, received $716K in 2021, which decreases by 63% compared to 2020.
Related executives
William Siwek
TPI COMPOSITES
Chief Executive Officer
Adan Gossar
TPI COMPOSITES
Chief Financial Officer
Bryan Schumaker
TPI COMPOSITES
Chief Financial Officer
Ramesh Gopalakrishnan
TPI COMPOSITES
Chief Operating Officer
Steven Fishbach
TPI COMPOSITES
General Counsel
James Hilderhoff
TPI COMPOSITES
Former Chief Commercial Officer
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Source: SEC filing on April 11, 2022.