Valvoline CEO Samuel Mitchell's 2022 pay slips 8% to $5.3M
Valvoline reports 2022 executive compensation
By ExecPay News
Published: December 16, 2022
Valvoline reported fiscal year 2022 executive compensation information on December 16, 2022.
In 2022, five Valvoline executives received on average a compensation package of $2.4M, a 15% increase compared to previous year.
Average pay of disclosed executives at Valvoline
Samuel J. Mitchell Jr, Chief Executive Officer, received $5.3M in total, which decreased by 8% compared to 2021. 42% of Mitchell's compensation, or $2.2M, was in stock awards. Mitchell also received $1M in non-equity incentive plan, $731K in option awards, $1M in salary, as well as $247K in other compensation.
Lori A. Flees, Senior Vice President and President, Retail Services, received a compensation package of $2.2M. 45% of the compensation package, or $986K, was in stock awards.
Mary E. Meixelsperger, Chief Financial Officer, earned $2M in 2022, a 6% decrease compared to previous year.
Julie M. O'Daniel, Chief Legal Officer, received $1.2M in 2022, which decreases by 3% compared to 2021.
Jamal K. Muashsher, Senior Vice President and President, Global Products, earned $1.1M in 2022.
Valvoline's fiscal year ends on September 30.
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Source: SEC filing on December 16, 2022.