Welbilt CEO Hubertus Muehlhaeuser's 2018 pay rises 13% to $4.2M

Welbilt reports 2018 executive compensation

Published: March 13, 2019

Welbilt reported fiscal year 2018 executive compensation information on March 13, 2019.

In 2018, seven Welbilt executives received on average a compensation package of $1.7M, a 9% increase compared to previous year.

Average pay of disclosed executives at Welbilt

Hubertus M. Muehlhaeuser, Chief Executive Officer, received $4.2M in total, which increased by 13% compared to 2017. 48.94% of Muehlhaeuser's compensation, or $2M, was in stock awards. Muehlhaeuser also received $685.1K in option awards, $648.3K in salary, as well as $800K in other compensation.

Josef Matosevic, Chief Operating Officer, received a compensation package of $2.4M, which increased by 78% compared to previous year. 38.30% of the compensation package, or $934.3K, was in stock awards.

Haresh Shah, Chief Financial Officer, earned $1.5M in 2018, a 87% increase compared to previous year.

Andreas G. Weishaar, Former Executive Vice President and Chief Transformation and Digital Officer, received $1.4M in 2018, which increases by 29% compared to 2017.

Joel H. Horn, General Counsel, earned $1.1M in 2018.

Richard N. Caron, Executive Vice President and Chief Innovation Officer, received $1M in 2018, which increases by 44% compared to 2017.

William C. Johnson, Chief Executive Officer, earned $363.8K in 2018.