Universal Display CEO Steven Abramson's 2019 pay jumps 85% to $13M

Universal Display reports 2019 executive compensation

By ExecPay News

Published: April 23, 2020

Universal Display reported fiscal year 2019 executive compensation information on April 23, 2020.
In 2019, five executives at Universal Display received on average a compensation package of $8.4M, a 105% increase compared to previous year.
Average pay of disclosed executives at Universal Display
Steven V. Abramson, Chief Executive Officer, received $13M in total, which increased by 85% compared to 2018. 48% of Abramson's compensation, or $6.1M, was in stock awards. Abramson also received $2.1M in bonus, $2.1M of change in pension value and nonqualified deferred compensation earnings, $1.7M in non-equity incentive plan, $744K in salary, as well as $34K in other compensation.
For fiscal year 2019, the median employee pay was $126,469 at Universal Display. Therefore, the ratio of Steven V. Abramson's pay to the median employee pay was 101 to one.
Sidney D. Rosenblatt, Chief Financial Officer, received a compensation package of $12M, which increased by 96% compared to previous year. 50% of the compensation package, or $6.1M, was in stock awards.
Julia J. Brown, Senior Vice President Chief Technical Officer, earned $7.7M in 2019, a 122% increase compared to previous year.
Mauro Premutico, Vice President Legal General Manager, Patents and Licensing, received $4.9M in 2019, which increases by 165% compared to 2018.
Janice K. Mahon, Vice President of Technology Commercialization, earned $4.3M in 2019, a 117% increase compared to previous year.

Related executives

Steven Abramson

Universal Display

Chief Executive Officer

Sidney Rosenblatt

Universal Display

Chief Financial Officer

Julia Brown

Universal Display

Executive Vice President Chief Technical Officer

Mauro Premutico

Universal Display

SVP, Planning & GM, Patents and Licensing

Janice Mahon

Universal Display

SVP, Technology Commercialization & GM, Commercial Sales Business

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Source: SEC filing on April 23, 2020.