Sunday, December 22, 2019

Davidson, North Carolina Ingersoll-Rand plc's Top-Tier Executives Average Annual Pay and Employee Benefits Increase Was a 8.4% Per Year During the Past Ten Years

I think that Pete Buttigieg was the clear winner in last night's debate, very successfully warding off a vicious barrage of strange attacks from several parties.  Amy Klobuchar was the clear loser, attacking Pete irrationally as if she were acting in desperation.  Her nastiness here is consistent with the rumor that she does not treat her own staff well.

I have researched and made posts related to Top-Tier Executive Total Compensation in most of the largest companies headquartered in the four earliest 2020 Democratic Primary States ..... Iowa, New Hampshire, Nevada and South Carolina.

Then, of the 14 Super Tuesday US States holding their 2020 Democratic Presidential Primaries on March 3, 2020, I made like posts related to most of the largest Texas Companies, most of the largest Southern California companies and also most of the largest technology companies headquartered in Northern California.

My research has shown that Elizabeth Warren, Bernie Sanders and Tom Steyer are all spot on when they assert that US Corporate Financial Corruption is rampant.  But the problem is that none of the three have any clue on precisely the cause or how to effectively fix this huge problem which is also the primary cause of the huge, continuing US income inequality expansion which has been occurring for decades.

But even worse, even though he is a very nice man, Joe Biden is so naive that he isn't even aware of the extent of this continuing huge US income inequality expansion or precisely its cause which has been occurring under his nose for the past forty plus years, nor is he aware of, or else has decided to ignore, just how huge the largest US tax shelters are which are located right under his nose in his home State of Delaware, mostly in one Wilmington building.

On the negative side, voting for many years for the Annual Income Tax Loophole Extenders which dramatically increased income inequality expansion each year were Joe Biden and Amy Klobuchar.  On the positive side, voting for many years against these same Annual Income Tax Loophole Extenders were Elizabeth Warren and Bernie Sanders.

So now I will be addressing Top-Tier Executive Compensation for five to ten years in some of the largest companies in the State of North Carolina, one of the 14 Super Tuesday 2020 Democratic Presidential Primary US States.  I first addressed some of the largest North Carolina Financial Companies and now I am addressing some of the largest North Carolina Non-Financial companies.

I will be doing this research mostly by stock market capitalization and thus the fifth North Carolina Non-financial company that I am addressing here is Ingersoll-Rand plc.

From annual compensation information contained in Proxy Statement filings with the US SEC, the chart below shows Ingersoll-Rand plc's Top-Tier Executives Annual Total Compensation for each of the two consecutive substantially full years of employment for the past ten years.  

Ingersoll-Rand plc's Top-Tier Executives Average Annual Pay and Employee Benefits Increase was 8.4% per year during the past ten years.



FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
Ingersoll-Rand plc 2018 2017 2017 2016 2016 2015 2015 2014 2014 2013
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Lamach Chairman and CEO     15,585     18,798     18,798     16,372     16,372     17,282     17,282     19,418     19,418     14,988
Carter CFO       5,076       4,810       4,810       4,000       4,000       3,900       3,900       3,597  N/A   N/A 
Regnery EVP       4,018       5,604
Avedon SVP       3,556       3,810       3,810       3,137       3,137       3,111       3,111       3,271       3,271       2,551
Green General Counsel       2,909       2,754       2,754       2,880    
Teirlinck Former EVP       5,173       4,425       4,425       4,538       4,538       4,463       4,463       4,305
Zafari Former EVP       3,913       2,794       2,794       2,848       2,848       3,088       3,088       3,308
Michel SVP       3,009       3,766       3,766       3,078
 Totals      31,144     35,776     39,258     33,608     30,728     31,679     34,688     37,603     34,006     28,230
Annual % Change vs Prior Year -12.9% 16.8% -3.0% -7.8% 20.5%
5 Year Average Per Year % Change 2.7%
FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
Ingersoll-Rand plc 2013 2012 2012 2011 2011 2010 2010 2009 2009 2008
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Lamach Chairman and CEO     14,988     16,136     16,136     12,811     12,811     10,379     10,379       5,367       5,367       3,479
Carter CFO  N/A   N/A     
Avedon SVP       2,551       2,798       2,798       2,556       2,556       2,685    
Teirlinck Former EVP       4,305       3,171       3,171       2,950       2,950       3,175    
Zafari Former EVP       3,308       2,835       2,835       2,483    
Michel SVP       3,078       2,650    
Shawley Former CFO  N/A   N/A        5,993       5,844       5,844       5,402       5,402       4,690       4,690       6,857
Hochhauser Former CFO  N/A   N/A        2,658       3,138    
Henkel Retired Chairman  N/A   N/A      17,741     14,901
Nachtigal Retired General Counsel       2,829       3,162       3,162       2,939
 Totals      28,230     27,590     30,933     26,644     24,161     21,641     21,268     16,357     30,960     28,176
Annual % Change vs Prior Year 2.3% 16.1% 11.6% 30.0% 9.9%
5 Year Average Per Year % Change 14.0%
10 Year Average Per Year % Change 8.4%