WD-40 CEO Garry Ridge's 2020 pay slips 6% to $2.9M

WD-40 reports 2020 executive compensation

By ExecPay News

Published: October 29, 2020

WD-40 reported fiscal year 2020 executive compensation information on October 29, 2020.
In 2020, five WD-40 executives received on average a compensation package of $1.3M, a 20% increase compared to previous year.
Average pay of disclosed executives at WD-40
Garry O. Ridge, Chief Executive Officer, received $2.9M in total, which decreased by 6% compared to 2019. 61.07% of Ridge's compensation, or $1.8M, was in stock awards. Ridge also received $196.7K in bonus, $140.6K in non-equity incentive plan, $675.2K in salary, as well as $119.4K in other compensation.
For fiscal year 2020, the median employee pay was $99,580 at WD-40. Therefore, the ratio of Garry O. Ridge's pay to the median employee pay was 29 to one.
Steven A. Brass, Chief Operating Officer, received a compensation package of $1.4M, which increased by 87% compared to previous year. 50.01% of the compensation package, or $721.5K, was in stock awards.
Jay W. Rembolt, Chief Financial Officer, earned $842.7K in 2020, a 10% decrease compared to previous year.
Patricia Q. Olsem, Division President, Americas, received $790K in 2020, which increases by 71% compared to 2019.
Richard T. Clampitt, General Counsel, earned $692.9K in 2020, a 2% increase compared to previous year.
WD-40's fiscal year ends on August 31.

Related executives

Garry Ridge


Chief Executive Officer

Jay Rembolt


Chief Financial Officer

Steven Brass


Chief Operating Officer

Richard Clampitt


General Counsel

Patricia Olsem


Division President, Americas

You may also like

Source: SEC filing on October 29, 2020.