WESCO International CEO John Engel's 2021 pay slips 13% to $9.9M
WESCO International reports 2021 executive compensation
By ExecPay News
Published: April 12, 2022
WESCO International reported fiscal year 2021 executive compensation information on April 12, 2022.
In 2021, five executives at WESCO International received on average a compensation package of $4.6M, a 19% decrease compared to previous year.
Average pay of disclosed executives at WESCO International
John J. Engel, Chief Executive Officer, received $9.9M in total, which decreased by 13% compared to 2020. 46% of Engel's compensation, or $4.5M, was in stock awards. Engel also received $2.6M in non-equity incentive plan, $1.5M in option awards, $1.2M in salary, as well as $89K in other compensation.
For fiscal year 2021, the median employee pay was $62,893 at WESCO International. Therefore, the ratio of John J. Engel's pay to the median employee pay was 157 to one.
Theodore A. Dosch, EVP Strategy and Chief Transformation Officer, received a compensation package of $4.4M, which increased by 76% compared to previous year. 31% of the compensation package, or $1.4M, was in other compensation.
David S. Schulz, Chief Financial Officer, earned $3.4M in 2021, a 24% decrease compared to previous year.
Nelson J. Squires III, EVP and GM, EES, received $3M in 2021, which decreases by 30% compared to 2020.
William C. Geary II, EVP and GM, CSS, earned $2.3M in 2021.
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Source: SEC filing on April 12, 2022.