Visteon CEO Sachin Lawande's 2019 pay rises 2% to $8M
Visteon reports 2019 executive compensation
By ExecPay News
Published: April 23, 2020
Visteon reported fiscal year 2019 executive compensation information on April 23, 2020.
In 2019, six Visteon executives received on average a compensation package of $2.5M, a 16% decrease compared to previous year.
Average pay of disclosed executives at Visteon
Sachin S. Lawande, Chief Executive Officer, received $8M in total, which increased by 2% compared to 2018. 56% of Lawande's compensation, or $4.5M, was in stock awards. Lawande also received $721K in non-equity incentive plan, $1.5M in option awards, $1M in salary, as well as $287K in other compensation.
For fiscal year 2019, the median employee pay was $16,068 at Visteon. Therefore, the ratio of Sachin S. Lawande's pay to the median employee pay was 498 to one.
Christian A. Garcia, Chief Financial Officer, received a compensation package of $2.2M, which decreased by 12% compared to previous year. 55% of the compensation package, or $1.2M, was in stock awards.
Sunil K. Bilolikar, Senior Vice President, Operations and Supply Chain, earned $1.6M in 2019, a 26% decrease compared to previous year.
Brett D. Pynnonen, General Counsel, received $1.1M in 2019, which decreases by 8% compared to 2018.
Robert R. Vallance, Senior Vice President, Customer Business Groups, earned $1.1M in 2019, a 16% increase compared to previous year.
William M. Robertson, Chief Financial Officer, received $840K in 2019.
Related executives
Sachin Lawande
Visteon
Chief Executive Officer
William Robertson
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
Christian Garcia
Visteon
Chief Financial Officer
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Source: SEC filing on April 23, 2020.