Unifi CEO Edmund Ingle's 2021 pay jumps 70% to $1.7M
Unifi reports 2021 executive compensation
By ExecPay News
Published: September 2, 2021
Unifi reported fiscal year 2021 executive compensation information on September 2, 2021.
In 2021, five Unifi executives received on average a compensation package of $1.3M, a 11% decrease compared to previous year.
Average pay of disclosed executives at Unifi
Edmund M. Ingle, Chief Executive Officer, received $1.7M in total, which increased by 70% compared to 2020. 58% of Ingle's compensation, or $1M, was in non-equity incentive plan. Ingle also received $675K in salary and $61K in other compensation.
For fiscal year 2021, the median employee pay was $33,263 at Unifi. Therefore, the ratio of Edmund M. Ingle's pay to the median employee pay was 53 to one.
Albert P. Carey, Chairman, received a compensation package of $1.4M, which decreased by 56% compared to previous year. 50% of the compensation package, or $700K, was in salary.
Craig A. Creaturo, Chief Financial Officer, earned $1.4M in 2021, a 32% increase compared to previous year.
Thomas H. Caudle, Jr, Chief Operating Officer, received $1.2M in 2021, which decreases by 11% compared to 2020.
Hongjun Ning, Executive Vice President, President of UTSC, and President of UAP, earned $877K in 2021, a 10% increase compared to previous year.
Unifi's fiscal year ends on June 30.
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Source: SEC filing on September 2, 2021.