Salaries of highest-paid manufacturing executives
Ranked by total compensation in fiscal 2018 for public manufacturers headquartered in Eastern Mass.| Name | Total compensation | Salary | Bonus | Non-equity incentive plan compensation | Option awards | Stock awards | Other annual compensation | |
|---|---|---|---|---|---|---|---|---|
| 1 | Thomas A. Kennedy, chairman & CEO Raytheon Co., Waltham | $22,420,258 | $1,511,559 | — | $4,336,000 | — | $10,714,893 | $5,322,070 (a) |
| 2 | Marc N. Casper, president & CEO Thermo Fisher Scientific Inc., Waltham | $18,607,103 | $1,482,740 | — | $4,670,630 | $3,893,298 | $8,005,840 | — |
| 3 | Larry Culp (b), chairman & CEO General Electric Co., Boston | $15,398,827 | $625,000 | $937,500 | — | — | $13,740,000 (c) | $86,662 (d) |
| 4 | Vincent Roche, president & CEO Analog Devices, Norwood | $11,007,691 | $984,615 | — | $2,682,173 | $2,305,013 | $4,949,953 | — |
| 5 | Taylor W. Lawrence, president, Missile Systems Raytheon Co., Waltham | $9,344,778 | $782,954 | — | $889,400 | — | $2,648,314 | $4,924,902 (a) |
| 6 | Liam K. Griffin, president & CEO Skyworks Solutions Inc., Woburn | $9,342,113 | $894,808 | — | $1,284,664 | — | $7,150,399 | — |
| 7 | Mark P. Stevenson, EVP & COO Thermo Fisher Scientific Inc., Waltham | $8,426,577 | $1,005,025 | — | $1,741,205 | $1,764,115 | $3,665,832 | — |
| 8 | David Joyce, Vice chair & CEO, Aviation General Electric Co., Boston | $7,522,731 | $1,550,000 | $2,415,000 | — | — | $3,382,585 (c) | — |
| 9 | Jamie Miller, SVP & CFO General Electric Co., Boston | $7,401,678 | $1,450,000 | $1,160,000 | — | — | $4,334,060 (c) | — |
| 10 | Kieran Murphy, SVP & CEO, Healthcare General Electric Co., Boston | $7,290,165 | $1,135,814 | $1,703,721 | — | $1,670,000 | $2,608,677 (c) | $118,580 (d) |
| 11 | Mark E. Jagiela, CEO Teradyne Inc., North Reading | $7,172,691 | $904,720 | $325,588 | $1,512,692 | $420,802 | $3,944,978 | — |
| 12 | Sean D. Keohane, president & CEO Cabot Corp., Boston | $6,775,442 | $937,500 | — | $1,567,500 | $1,399,898 | $2,599,951 | — |
| 13 | Anthony F. O'Brien, VP & CFO Raytheon Co., Waltham | $6,106,509 | $780,178 | — | $1,114,700 | — | $3,159,148 | $946,684 (a) |
| 14 | Robert J. Pagano Jr., president & CEO Watts Water Technologies Inc., North Andover | $5,854,532 | $885,000 | — | $1,404,900 | — | $3,490,108 | — |
| 15 | David C. Wajsgras, president, Intelligence Information and Services Raytheon Co., Waltham | $5,486,189 | $977,101 | $19,542 | $1,512,300 | — | $2,648,314 | $158,860 (a) |
| 16 | Scott Buckhout, president & CEO Circor International Inc., Burlington | $4,492,659 | $732,885 | — | $878,152 | $1,450,000 | $1,416,261 | — |
| 17 | Frank H. Laukien, chairman, president & CEO Bruker Corp., Billerica | $4,479,899 | $730,675 | — | $1,047,035 | $612,663 | $2,081,276 | — |
Source: Proxy statements filed with the U.S. Securities & Exchange Commission.
(a) Change in pension value and non-qualified deferred compensation earnings
(b) Succeeded John L. Flannery on Oct. 1, 2018; compensation reflects a three-month period.
(c) Performance share units and restricted stock units
(d) Pension and deferred compensation
Compiled by: Stephanie R. Meagher, smeagher@nebusinessmedia.com
