Watts Water Technologies CEO Robert Pagano's 2020 pay slips 9% to $5.3M
Watts Water Technologies reports 2020 executive compensation
By ExecPay News
Published: March 24, 2021
Watts Water Technologies reported fiscal year 2020 executive compensation information on March 24, 2021.
In 2020, five executives at Watts Water Technologies received on average a compensation package of $2.3M, a 5% decrease compared to previous year.
Average pay of disclosed executives at Watts Water Technologies
Robert J. Pagano, Jr, Chief Executive Officer, received $5.3M in total, which decreased by 9% compared to 2019. 59% of Pagano's compensation, or $3.1M, was in stock awards. Pagano also received $1.3M in non-equity incentive plan, $834K in salary, as well as $74K in other compensation.
For fiscal year 2020, the median employee pay was $42,963 at Watts Water Technologies. Therefore, the ratio of Robert J. Pagano, Jr's pay to the median employee pay was 124 to one.
Munish Nanda, President, Americas & Europe, received a compensation package of $1.9M, which increased by 6% compared to previous year. 48% of the compensation package, or $902K, was in stock awards.
Elie A. Melhem, President, Asia, Pacific, the Middle East & Africa, earned $1.6M in 2020, a 1% decrease compared to previous year.
Shashank Patel, Chief Financial Officer, received $1.5M in 2020, which decreases by 3% compared to 2019.
Kenneth R. Lepage, Chief Human Resources Officer, earned $1.4M in 2020, a 7% decrease compared to previous year.
Related executives
Robert Pagano
Watts Water Technologies
Chief Executive Officer
Shashank Patel
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 24, 2021.