Twin Disc CEO John Batten's 2024 pay rises 11% to $2.6M
Twin Disc reports 2024 executive compensation
By ExecPay News
Published: September 13, 2024
Twin Disc reported fiscal year 2024 executive compensation information on September 13, 2024.
In 2024, two Twin Disc executives received on average a compensation package of $1.9M, a 10% increase compared to previous year.
Average pay of disclosed executives at Twin Disc
John H. Batten, Chief Executive Officer, received $2.6M in total, which increased by 11% compared to 2023. 41% of Batten's compensation, or $1.1M, was in stock awards. Batten also received $675K in non-equity incentive plan, $677K in salary, as well as $163K in other compensation.
Jeffrey S. Knutson, Chief Financial Officer, received a compensation package of $1.2M, which increased by 9% compared to previous year. 43% of the compensation package, or $517K, was in stock awards.
Twin Disc's fiscal year ends on June 30.
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Source: SEC filing on September 13, 2024.