Ingersoll-Rand CEO Michael Lamach's 2019 pay jumps 55% to $24M
Ingersoll-Rand reports 2019 executive compensation
By ExecPay News
Published: April 24, 2020
Ingersoll-Rand reported fiscal year 2019 executive compensation information on April 24, 2020.
In 2019, five executives at Ingersoll-Rand received on average a compensation package of $9M, a 44% increase compared to previous year.
Average pay of disclosed executives at Ingersoll-Rand
Michael W. Lamach, Chief Executive Officer, received $24M in total, which increased by 55% compared to 2018. 37% of Lamach's compensation, or $9M, was of change in pension value and nonqualified deferred compensation earnings. Lamach also received $2.8M in non-equity incentive plan, $2.5M in option awards, $1.4M in salary, $8M in stock awards, as well as $594K in other compensation.
For fiscal year 2019, the median employee pay was $54,757 at Ingersoll-Rand. Therefore, the ratio of Michael W. Lamach's pay to the median employee pay was 442 to one.
David S. Regnery, Chief Operating Officer, received a compensation package of $7M, which increased by 74% compared to previous year. 38% of the compensation package, or $2.7M, was of change in pension value and nonqualified deferred compensation earnings.
Susan K. Carter, Chief Financial Officer, earned $5.5M in 2019, a 8% increase compared to previous year.
Marcia J. Avedon, Executive Vice President, Chief Human Resources, Marketing and Communications Officer, received $5.1M in 2019, which increases by 42% compared to 2018.
Paul A. Camuti, Executive Vice President and Chief Technology and Strategy Officer, earned $3.1M in 2019.
Related executives
Michael Lamach
Ingersoll-Rand
Chief Executive Officer
Susan Carter
Ingersoll-Rand
Chief Financial Officer
David Regnery
Ingersoll-Rand
Chief Operating Officer
Marcia Avedon
Ingersoll-Rand
Executive Vice President, Chief Human Resources, Marketing and Communications Officer
Paul Camuti
Ingersoll-Rand
Executive Vice President and Chief Technology and Strategy Officer
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Source: SEC filing on April 24, 2020.