Veritiv reports 2018 executive compensation

CEO Mary A. Laschinger receives $6.8M

Veritiv reported fiscal year 2018 executive compensation information on March 1, 2019.

In 2018, five Veritiv executives received on average a compensation package of $3,328,113, a 3% increase compared to previous year.

Average pay of disclosed executives at Veritiv

Mary A. Laschinger, Chief Executive Officer, received $6,832,008 in total, which increased by 3% compared to 2017. 73.41% of Laschinger's compensation, or $5,015,632, was in stock awards. Laschinger also received $779,513 in non-equity incentive plan, $1,025,000 in salary, as well as $11,864 in other compensation.

Thomas S. Lazzaro, Senior Vice President, Sales, received a compensation package of $3,376,432, which increased by 61% compared to previous year. 75.42% of the compensation package, or $2,546,614, was in stock awards.

Daniel J. Watkoske, Senior Vice President, Print, earned $2,338,847 in 2018, a 64% increase compared to previous year.

Stephen J. Smith, Chief Financial Officer, received $2,077,357 in 2018, which decreases by 51% compared to 2017.

Salvatore A. Abbate, Senior Vice President, Chief Commercial Officer, earned $2,015,921 in 2018.