Welbilt reports 2018 executive compensation

CEO Hubertus M. Muehlhaeuser receives $4.2M

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

In 2018, seven Welbilt executives received on average a compensation package of $1,707,267, a 9% increase compared to previous year.

Average pay of disclosed executives at Welbilt

Hubertus M. Muehlhaeuser, Chief Executive Officer, received $4,178,349 in total, which increased by 13% compared to 2017. 48.94% of Muehlhaeuser's compensation, or $2,044,926, was in stock awards. Muehlhaeuser also received $685,128 in option awards, $648,317 in salary, as well as $799,977 in other compensation.

Josef Matosevic, Chief Operating Officer, received a compensation package of $2,439,589, which increased by 78% compared to previous year. 38.30% of the compensation package, or $934,265, was in stock awards.

Haresh Shah, Chief Financial Officer, earned $1,500,546 in 2018, a 87% increase compared to previous year.

Andreas G. Weishaar, Former Executive Vice President and Chief Transformation and Digital Officer, received $1,351,541 in 2018, which increases by 29% compared to 2017.

Joel H. Horn, General Counsel, earned $1,076,156 in 2018.

Richard N. Caron, Executive Vice President and Chief Innovation Officer, received $1,040,871 in 2018, which increases by 44% compared to 2017.

William C. Johnson, Chief Executive Officer, earned $363,818 in 2018.