WD-40 CEO Garry Ridge's 2018 pay rises 3% to $2.4M

WD-40 reports 2018 executive compensation

Published: October 31, 2018

WD-40 reported fiscal year 2018 executive compensation information on October 31, 2018.

In 2018, five WD-40 executives received on average a compensation package of $1.1M, a 19% increase compared to previous year.

Average pay of disclosed executives at WD-40

Garry O. Ridge, Chief Executive Officer, received $2.4M in total, which increased by 3% compared to 2017. 40.15% of Ridge's compensation, or $975.7K, was in stock awards. Ridge also received $698.1K in non-equity incentive plan, $648.8K in salary, as well as $107.4K in other compensation.

Michael L. Freeman, Chief Strategy Officer, received a compensation package of $810.9K, which decreased by 4% compared to previous year. 41.01% of the compensation package, or $332.6K, was in salary.

Steven A. Brass, Division President, the Americas and Chief Brand Officer, earned $785.1K in 2018, a 37% increase compared to previous year.

Jay W. Rembolt, Chief Financial Officer, received $779.8K in 2018, which decreases by 1% compared to 2017.

Richard T. Clampitt, General Counsel, earned $636.6K in 2018, a 7% increase compared to previous year.

WD-40's fiscal year ends on August 31.