Valvoline CEO Samuel Mitchell's 2020 pay rises 18% to $5.4M
Valvoline reports 2020 executive compensation
By ExecPay News
Published: December 17, 2020
Valvoline reported fiscal year 2020 executive compensation information on December 17, 2020.
In 2020, five Valvoline executives received on average a compensation package of $2.2M, a 7% increase compared to previous year.
Average pay of disclosed executives at Valvoline
Samuel J. Mitchell Jr, Chief Executive Officer, received $5.4M in total, which increased by 18% compared to 2019. 41% of Mitchell's compensation, or $2.2M, was in stock awards. Mitchell also received $1.3M in non-equity incentive plan, $719K in option awards, $986K in salary, as well as $169K in other compensation.
For fiscal year 2020, the median employee pay was $61,605 at Valvoline. Therefore, the ratio of Samuel J. Mitchell Jr's pay to the median employee pay was 88 to one.
Mary E. Meixelsperger, Chief Financial Officer, received a compensation package of $2M, which increased by 22% compared to previous year. 30% of the compensation package, or $600K, was in stock awards.
Anthony R. Puckett, Senior Vice President and President, Quick Lubes, earned $1.2M in 2020, a 32% decrease compared to previous year.
Julie M. O'Daniel, Chief Legal Officer, received $1.1M in 2020, which increases by 24% compared to 2019.
Craig A. Moughler, Senior Vice President and Chief Supply Chain Officer, earned $1M in 2020, a 13% decrease compared to previous year.
Valvoline's fiscal year ends on September 30.
Related executives
Samuel Mitchell
Valvoline
Chief Executive Officer
Mary Meixelsperger
Valvoline
Chief Financial Officer
Anthony Puckett
Valvoline
Former Senior Vice President and President, Retail Services
Julie O'Daniel
Valvoline
Chief Legal Officer
Craig Moughler
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Senior Vice President and Chief Supply Chain Officer
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Source: SEC filing on December 17, 2020.