Visteon CEO Sachin Lawande's 2018 pay slips 2% to $7.9M

Visteon reports 2018 executive compensation

By ExecPay News

Published: April 26, 2019

Visteon reported fiscal year 2018 executive compensation information on April 26, 2019.
In 2018, five Visteon executives received on average a compensation package of $2.9M, a 6% decrease compared to previous year.
Average pay of disclosed executives at Visteon
Sachin S. Lawande, Chief Executive Officer, received $7.9M in total, which decreased by 2% compared to 2017. 57% of Lawande's compensation, or $4.5M, was in stock awards. Lawande also received $299K in non-equity incentive plan, $1.5M in option awards, $1M in salary, as well as $526K in other compensation.
For fiscal year 2018, the median employee pay was $16,278 at Visteon. Therefore, the ratio of Sachin S. Lawande's pay to the median employee pay was 483 to one.
Christian A. Garcia, Chief Financial Officer, received a compensation package of $2.5M, which decreased by 11% compared to previous year. 49% of the compensation package, or $1.2M, was in stock awards.
Sunil K. Bilolikar, Senior Vice President, Operations and Procurement, earned $2.1M in 2018, a 21% decrease compared to previous year.
Brett D. Pynnonen, General Counsel, received $1.2M in 2018, which decreases by 9% compared to 2017.
Robert R. Vallance, Senior Vice President, Customer Business Groups, earned $935K in 2018, a 55% decrease compared to previous year.

Related executives

Sachin Lawande

Visteon

Chief Executive Officer

Christian Garcia

Visteon

Chief Financial Officer

Sunil Bilolikar

Visteon

Senior Vice President, Operations and Supply Chain

Brett Pynnonen

Visteon

General Counsel

Robert Vallance

Visteon

Senior Vice President, Customer Business Groups

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Source: SEC filing on April 26, 2019.