Valvoline reports 2018 executive compensation
CEO Samuel J. Mitchell Jr receives $4.4M
Valvoline reported fiscal year 2018 executive compensation information on December 17, 2018.
In 2018, six Valvoline executives received on average a compensation package of $1,571,872, a 14% decrease compared to previous year.Average pay of disclosed executives at Valvoline
Samuel J. Mitchell Jr, Chief Executive Officer, received $4,436,646 in total, which increased by 25% compared to 2017. 46.57% of Mitchell's compensation, or $2,065,942, was in stock awards. Mitchell also received $536,750 in non-equity incentive plan, $712,514 in option awards, $950,000 in salary, as well as $171,440 in other compensation.
Mary E. Meixelsperger, Chief Financial Officer, received a compensation package of $1,594,493, which decreased by 30% compared to previous year. 34.11% of the compensation package, or $543,942, was in stock awards.
Julie M. O'Daniel, Chief Legal Officer, earned $1,001,375 in 2018, a 19% decrease compared to previous year.
Victor T. Rios, Former Chief Information Officer and Chief Digital Officer, received $836,696 in 2018.
Anthony R. Puckett, Senior Vice President and President, Quick Lubes, earned $810,135 in 2018, a 20% decrease compared to previous year.
Craig A. Moughler, Senior Vice President, International & Product Supply, received $751,889 in 2018, which decreases by 28% compared to 2017.
Valvoline's fiscal year ends on September 30.