Universal Stainless & Alloy Products CEO Dennis Oates' 2022 pay falls 50% to $704K

Universal Stainless & Alloy Products reports 2022 executive compensation

By ExecPay News

Published: April 6, 2023

Universal Stainless & Alloy Products reported fiscal year 2022 executive compensation information on April 6, 2023.

In 2022, five executives at Universal Stainless & Alloy Products received on average a compensation package of $436K, a 35% decrease compared to previous year.

Average pay of disclosed executives at Universal Stainless & Alloy Products

Dennis M. Oates, Chief Executive Officer, received $704K in total, which decreased by 50% compared to 2021. 70% of Oates' compensation, or $492K, was in salary. Oates also received $2.3K of change in pension value and nonqualified deferred compensation earnings, $190K in non-equity incentive plan, as well as $19K in other compensation.

For fiscal year 2022, the median employee pay was $64,439 at Universal Stainless & Alloy Products. Therefore, the ratio of Dennis M. Oates' pay to the median employee pay was 11 to one.

Christopher M. Zimmer, Executive Vice President, Chief Commercial Officer, received a compensation package of $418K, which decreased by 39% compared to previous year. 75% of the compensation package, or $311K, was in salary.

Graham McIntosh, Chief Technology Officer, earned $368K in 2022, a 40% decrease compared to previous year.

Wendel L. Crosby, Vice President of Manufacturing, received $364K in 2022, which decreases by 41% compared to 2021.

Steven V. DiTommaso, Chief Financial Officer, earned $326K in 2022.