Watts Water Technologies CEO Robert Pagano's 2018 pay jumps 22% to $5.9M
Watts Water Technologies reports 2018 executive compensation
By ExecPay News
Published: March 29, 2019
Watts Water Technologies reported fiscal year 2018 executive compensation information on March 29, 2019.
In 2018, six executives at Watts Water Technologies received on average a compensation package of $2.4M, a 11% increase compared to previous year.
Average pay of disclosed executives at Watts Water Technologies
Robert J. Pagano, Jr, Chief Executive Officer, received $5.9M in total, which increased by 22% compared to 2017. 60% of Pagano's compensation, or $3.5M, was in stock awards. Pagano also received $1.4M in non-equity incentive plan, $885K in salary, as well as $75K in other compensation.
For fiscal year 2018, the median employee pay was $49,162 at Watts Water Technologies. Therefore, the ratio of Robert J. Pagano, Jr's pay to the median employee pay was 119 to one.
Munish Nanda, President, Americas & Europe, received a compensation package of $2.4M, which increased by 46% compared to previous year. 58% of the compensation package, or $1.4M, was in stock awards.
Shashank Patel, Chief Financial Officer, earned $1.9M in 2018.
Kenneth R. Lepage, General Counsel, received $1.6M in 2018, which increases by 14% compared to 2017.
Elie A. Melhem, President, Asia, Pacific, the Middle East & Africa, earned $1.5M in 2018, a 21% increase compared to previous year.
Todd A. Trapp, Chief Financial Officer, received $999K in 2018, which decreases by 37% compared to 2017.
Related executives
Robert Pagano
Watts Water Technologies
Chief Executive Officer
Shashank Patel
Watts Water Technologies
Chief Financial Officer
Todd Trapp
Watts Water Technologies
Chief Financial Officer
Munish Nanda
Watts Water Technologies
President, Americas & Europe
Elie Melhem
Watts Water Technologies
President, Asia, Pacific, the Middle East & Africa
Kenneth Lepage
Watts Water Technologies
General Counsel
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Source: SEC filing on March 29, 2019.