Monday, March 16, 2020

Columbus, Ohio-Based Worthington Industries' Top-Tier Executives Average Annual Pay and Benefits Increase Was a Blistering 23.0% Per Year During the Past Ten Years

From Company Proxy Statement filings with the SEC, below are Worthington Industries Top-Tier Executives Annual Total Compensation for each of two consecutive full years of employment for the most recent ten years.

FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
  May May May May May May May May May May
Worthington Industries 2019 2018 2018 2017 2017 2016 2016 2015 2015 2014
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
McConnell CEO           3,739           4,428           4,428           4,585           4,585           4,152           4,152           4,172           4,172           4,701
Rose President and Former CFO           6,499           2,698           2,698           2,756           2,756           2,411           2,411           2,332           2,332           6,649
Gilmore COO           5,395           3,005           3,005           1,793           1,793           1,627           1,627           2,291           2,291           1,545
Winland SVP Manufacturing           1,257           1,417           1,417           1,453           1,453           1,259    
Russell Former COO  N/A   N/A            2,882           2,958           2,958           2,604           2,604           2,490           2,490           7,073
Lamprinakos FmrPres WashingtonSteel  N/A   N/A            1,389           1,821    
Billman President WorthingtonCylinder           2,237           1,570
 Totals      16,890     11,548     15,819     15,366     13,545     12,053     10,794     11,285     13,522     21,538
Annual % Change vs Prior Year 46.3% 2.9% 12.4% -4.4% -37.2%
5 Year Average Per Year % Change 4.0%
FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
May May May May May May May May May May
Worthington Industries 2014 2013 2013 2012 2012 2011 2011 2010 2010 2009
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
McConnell CEO           4,701           4,587           4,587           3,974           3,974           3,547           3,547           3,084           3,084           1,848
Rose Former CFO           6,649           2,289           2,289           5,276           5,276           1,377           1,377           1,124  N/A   N/A 
Gilmore COO  N/A   N/A     
Winland SVP Manufacturing               982           1,167           1,167           1,424    
Russell Former COO           7,073           2,590           2,590           5,704           5,704           1,702           1,702           1,639           1,639               730
Lamprinakos FmrPres WashingtonSteel
Billman President WorthingtonCylinder           1,570           1,424                            
Stoe Former COO           2,066           2,875           2,875           2,499           2,499           2,111           2,111           1,313
Goussetis Pres Worthington Cylinder           1,083               939               939               795
 Totals      19,993     10,890     12,514     18,996     18,996     10,549     10,208       8,897       7,773       4,686
Annual % Change vs Prior Year 83.6% -34.1% 80.1% 14.7% 65.9%
5 Year Average Per Year % Change 42.0%
10 Year Average Per Year % Change 23.0%