Issue link: https://nebusinessmedia.uberflip.com/i/1010363
V O L . X X I V N O. X V I I A U G U S T 6 , 2 0 1 8 34 T H E L I S T C O M P I L E D B Y S T E P H A N I E R . M E A G H E R A unique commitment to quality. A dedication to getting all the details just right fuels Yarmouth Boat Yard's growth. Androscoggin Bank is proud to support this great local company as they expand and grow. 1 Total annual compensation includes salary bonus stock and option awards non-equity incentive plan compensation and change in pension value and nonqualified deferred compensation earnings where applicable. 2 Effective for 2018 filings and pursuant to Section 953(b) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 402(u) of Regulation S-K companies are required to disclose the pay ratio of the CEO to median employee. 3 All other annual compensation includes items such as relocation expenses car allowances life insurance matched 401(k) plans and other retirement plans. 4 Fiscal year ended June 30 2017; companies were not required to disclose the CEO pay ratio for filings during 2017. N O T E S : N/A: Not applicable. According to the U.S. Securities & Exchange Commission public companies must report compensation paid to their CEO and four other highest-paid officers. Generally companies are not required to report salaries of employees earning less than $100,000 per year. Some executives may no longer be in the same position or at the company. S O U R C E : U.S. Securities & Exchange Commission company proxy statements (14A) annual reports and company websites Purchase this list and more as a PDF or Excel document at www.mainebiz.biz/DataCenter @ Maine's highest-paid public company executives Ranked by total annual compensation 2017 Total annual compensation 1 CEO pay ratio 2 / median employee Salary Stock awards All other annual compensation 3 Organization's revenue (millions) Industry 1 Melissa Smith President & CEO, WEX Inc. $10,847,606 173:1 $62,621 $700,000 $3,046,384 $85,574 $1,250.50 Payment solutions 2 Jonathan Ayers President & CEO, IDEXX Laboratories Inc. $6,665,351 121:1 $55,202 $800,000 $0 $22,225 $1,969.10 Biotechnology 3 Roberto Simon CFO, WEX Inc. $5,186,511 173:1 $62,621 $500,000 $1,345,879 $39,036 $1,250.50 Payment solutions 4 Scott Phillips President, Global Fleet, WEX Inc. $5,184,248 173:1 $62,621 $405,769 $799,929 $23,346 $1,250.50 Payment solutions 5 Kenneth W. Janosick COO & chief portfolio risk manager, WEX Inc. $3,745,043 173:1 $62,621 $358,846 $941,192 $14,192 $1,250.50 Payment solutions 6 Jeffrey Young President, Health, WEX Inc. $2,979,571 173:1 $62,621 $450,000 $456,323 $13,500 $1,250.50 Payment solutions 7 Brian McKeon EVP, CFO & treasurer, IDEXX Laboratories Inc. $2,422,971 121:1 $55,202 $549,538 $324,972 $15,951 $1,969.10 Biotechnology 8 Jay Mazelsky EVP, IDEXX Laboratories Inc. $2,269,833 121:1 $55,202 $469,462 $324,972 $22,889 $1,969.10 Biotechnology 9 Gregory Dufour President & CEO, Camden National Corp. $2,040,023 47:1 $43,313 $569,615 $315,797 $48,241 $174.70 Financial services 10 Richard Wayne President & CEO, Northeast Bancorp $1,665,606 N/A 4 $600,000 $728,000 $12,606 $67.60 Financial services