The key issue to Ohio citizens should be the huge and continuing Income Inequality Expansion which is at the core of many critical problems the US faces.
While increasing the US federal minimum wage will help here, there is a much broader and critical problem that needs to be solved. The annual percentage increase in the pay and employee benefits of Company non-executive employees are minuscule in relation to that of Company executive employees and this has been going on for decades. When Corporate CEOs and CFOs primarily view non-executive employees as Costs rather than as People, this is what happens. And neither political party has had the courage to take on US Corporations here.
Thus I will be doing research and making posts on the average annual pay and employee benefits increase per year that the Top-Tier Executives of large Ohio Companies were rewarded with in the past ten years.
The 57th Ohio Company I am addressing here is Milacron Holdings Corp.
From annual compensation information contained in Company Proxy Statement filings with the US SEC, the chart at the bottom below shows Milacron Holdings Corp's Top-Tier Executives Annual Total Compensation for each of the two consecutive full years of employment for the past four years since its 2015 IPO.
Milacron Holdings Corp's Top-Tier Executives Average Annual Pay and Employee Benefits Increase was a completely off-the-charts 111.0% per year during these past four years, which is the second highest of the 57 large Ohio-related Companies I have addressed so far.
- TransDigm Group +243.1% per year for the past ten years
- Milacron Holdings +111.0% per year for the past four years
- Worldpay +49.0% per year for the past seven years
- Installed Building Products +34.9% per year for past six years
- General Motors +29.5% per year for the past ten years
- Advanced Draining Systems +25.7% per year for the past five years
- Wendy's +24.2% per year for the past ten years
- Welltower +24.0% per year for the past ten years
- State Auto Financial +23.5% per year for the past ten years
- Greif Inc +23.5% per year for the past ten years
- Cardinal Health +23.3% per year for the past ten years
- Timken Company +23.3% per year for the past ten years
- Worthington Industries +23.0% per year for the past ten years
- Cedar Fair L.P. +22.5% per year for the past ten years
- Cooper Tire & Rubber +22.4% per year for the past ten years
- MPLX LP +22.4% per year for the past five years
- RPM International +21.8% per year for the past ten years
- Scotts Miracle-Gro +21.5% per year for the past ten years
- Cintas Corp +20.7% per year for the past ten years
- Andeavor Logistics LP +20.6% per year for the past seven years
- Teradata +20.2% per year for nine years
- Cleveland-Cliffs +19.4% per year for the past ten years
- Multi-Color Corp +19.3% per year for nine years
- Marathon Petroleum Corp +18.7% per year for the past ten years
- Huntington Bancshares +18.4% per year for the past ten years
- Fifth Third Bancorp +18.0% per year for the past ten years
- STERIS plc +15.7% per year for the past ten years
- Nordson Corp +15.3% per year for the past ten years
- GrafTech International +14.9% per year for the past ten years
- Materion Corp +14.7% per year for the past ten years
- American Electric Power +14.5% per year for the past ten years
- Forest City Realty Trust +13.2% per year for seven years
- First Financial Bancorp +12.7% per year for the past ten years
- Eaton Corp plc +12.7% per year for the past ten years
- Cincinnati Financial +12.3% per year for the past ten years
- Progressive Corp +12.1% per year for the past ten years
- Sherwin-Williams +12.0% per year for the past ten years
- Parker-Hannifin +12.0% per year for the past ten years
- Owens-Illinois +11.7% per year for the past ten years
- The Kroger Company +11.2% per year for the past ten years
- Air Transport Services Group +10.8% per year for the past ten years
- FirstEnergy +10.2% per year for the past ten years
- TFS Financial Corp +10.2% per year for nine years
- KeyCorp +9.8% per year for the past ten years
- Chemed Corp +9.7% per year for the past ten years
- E,W. Scripps +9.1 per year for the past ten years
- PolyOne Corp +9.1% per year for the past ten years
- J. M. Smucker +8.8% per year for the past ten years
- Dana Inc +8.4% per year for the past ten years
- Lancaster Colony +8.0% per year for the pat ten years
- Lincoln Electric Holdings +7.6% per year for the past ten years
- American Financial Group +7.6% per year for the next ten years
- Procter & Gamble +7.4% per year for the past ten years
- Macy's +6.6% per year for the past ten years
- Owens Corning +6.3% per year for the past ten years
- Goodyear Tire & Rubber +5.4% per year for the past ten years
- L Brands +2.0% per year for the past ten years
FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | ||||
Dec | Dec | Dec | Dec | Dec | Dec | Dec | Dec | ||||
Milacron Holdings | 2018 | 2017 | 2017 | 2016 | 2016 | 2015 | 2015 | 2014 | |||
Top-Tier | Total | Total | Total | Total | Total | Total | Total | Total | |||
Executive | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | |||
$ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | ||||
Goeke CEO | 4,419 | 4,143 | 4,143 | 942 | 942 | 5,402 | 5,402 | 1,298 | |||
Chalmers CFO | 2,379 | 2,364 | 2,364 | 484 | 484 | 1,436 | 1,436 | 1,261 | |||
Krisanda Former COO | N/A | N/A | 1,578 | 1,835 | 1,835 | 932 | |||||
Gallagher CFO | N/A | N/A | N/A | N/A | |||||||
Francy Former CFO | N/A | N/A | |||||||||
Totals | 6,798 | 6,507 | 6,507 | 1,426 | 3,004 | 8,673 | 8,673 | 3,491 | |||
Annual % Change vs Prior Year | 4.5% | 356.3% | -65.4% | 148.4% | |||||||
4 Year Average Per Year % Change | 111.0% |