Westinghouse Air Brake Technologies CEO Rafael Santana's 2021 pay stays at $11M

Westinghouse Air Brake Technologies reports 2021 executive compensation

By ExecPay News

Published: April 5, 2022

Westinghouse Air Brake Technologies reported fiscal year 2021 executive compensation information on April 5, 2022.

In 2021, six executives at Westinghouse Air Brake Technologies received on average a compensation package of $5M, a 9% increase compared to previous year.

Average pay of disclosed executives at Westinghouse Air Brake Technologies

Rafael Santana, Chief Executive Officer, received $11M in total, which is about the same as previous year. 58% of Santana's compensation, or $6.4M, was in stock awards. Santana also received $2.6M in non-equity incentive plan, $786K in option awards, $1.2M in salary, as well as $19K in other compensation.

For fiscal year 2021, the median employee pay was $45,266 at Westinghouse Air Brake Technologies. Therefore, the ratio of Rafael Santana's pay to the median employee pay was 244 to one.

Patrick D. Dugan, Chief Financial Officer, received a compensation package of $9.8M, which increased by 255% compared to previous year. 52% of the compensation package, or $5.1M, was in stock awards.

David L. DeNinno, General Counsel, earned $2.6M in 2021, a 24% increase compared to previous year.

Eric Gebhardt, Chief Technology Officer, received $2.5M in 2021.

Pascal Schweitzer, President, Services Group, earned $2.4M in 2021, a 7% decrease compared to previous year.

John Olin, Chief Financial Officer, received $1.7M in 2021.