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StuffMadeinMA.com • 2 0 1 8 • S T U F F 35 Salaries of highest-paid manufacturing executives Ranked by total compensation in fiscal 2017 for public manufacturers headquartered in Eastern Mass. Salaries of highest-paid manufacturing executives Ranked by total compensation in fiscal 2017 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 $24,883,871 $1,403,211 —- $3,434,000 —- $10,089,988 $9,465,067 (a) 2 Marc N. Casper, president & CEO Thermo Fisher Scientific Inc., Waltham $22,275,176 $1,425,000 —- $4,366,200 $7,543,202 $8,388,576 —- 3 Mark P. Stevenson, EVP & COO Thermo Fisher Scientific Inc., Waltham $12,341,896 $922,212 —- $1,529,622 $6,005,310 $3,279,744 $429,130 (a) 4 Vincent Roche, president & CEO Analog Devices, Norwood $10,511,761 $878,000 —- $3,268,693 $1,978,473 $4,316,355 —- 5 John L. Flannery (b), former chairman & CEO General Electric Co., Boston $9,000,603 $1,737,500 —- —- —- $2,076,000 $3,255,222 (c) 6 Liam K. Griffin, president & CEO Skyworks Solutions Inc., Woburn $8,701,858 $850,000 —- $1,273,055 $1,230,158 $5,336,603 —- 7 David J. Aldrich, executive chairman Skyworks Solutions Inc., Woburn $7,924,788 $800,000 —- $1,198,170 $1,107,130 $4,802,995 —- 8 Mark E. Jagiela, CEO Teradyne Inc., North Reading $7,236,688 $860,000 $374,312 $1,702,800 $400,000 $3,848,645 $37,289 (a) 9 David C. Wajsgras, president, Intelligence Information and Services Raytheon Co., Waltham $6,566,392 $977,101 $19,542 $1,171,500 —- $2,593,248 $1,641,890 (a) 10 Richard R. Yuse, president, Space and Airborne Systems Raytheon Co., Waltham $6,362,716 $821,290 —- $984,700 —- $3,093,180 $1,316,629 (a) 11 Anthony F. O'Brien, VP & CFO Raytheon Co., Waltham $5,945,382 $721,159 —- $912,400 —- $2,594,771 $1,616,966 (a) 12 Sean D. Keohane, president & CEO Cabot Corp., Boston $5,571,792 $887,500 —- $1,252,000 $1,119,647 $2,079,911 —- 13 Taylor W. Lawrence, president, Missile Systems Raytheon Co., Waltham $5,242,059 $756,473 —- $932,000 —- $2,593,248 $851,373 (a) 14 David Joyce, Vice chair & CEO, Aviation General Electric Co., Boston $5,161,166 $1,450,000 $1,385,000 —- —- $692,000 $1,369,236 (d) 15 Jamie Miller, SVP & CFO General Electric Co., Boston $5,057,861 $1,335,417 —- —- —- $519,000 $2,965,708 (d) 16 Frank H. Laukien, chairman, president & CEO Bruker Corp., Billerica $4,872,009 $704,269 —- $1,491,583 $605,540 $2,062,517 —- 17 Robert J. Pagano Jr., president & CEO Watts Water Technologies Inc., North Andover $4,799,038 $823,750 —- $1,235,640 —- $2,686,318 —- 18 Steven Pietkiewicz, SVP, Power Products Analog Devices, Norwood $4,573,298 $215,926 —- $553,183 $476,470 $3,288,608 —- 19 Prashanth Mahendra-Rajah (e), SVP & CFO Analog Devices, Norwood $4,431,110 $35,962 $500,000 $82,712 —- $3,746,541 —- 20 Scott Buckhout, president & CEO Circor International Inc., Burlington $3,251,348 $676,539 —- $297,850 $1,080,000 $1,182,692 —- Source: Proxy statements filed with the U.S. Securities & Exchange Commission. (a) Change in pension value and non-qualified deferred compensation earnings (b) Succeeded by Larry Culp on Oct. 1, 2018 (c) Pension and deferred compensation (d) Performance share units, restricted stock units and pension and deferred compensation (e) Joined the company in September 2017 - Compiled by: Stephanie R. Meagher, smeagher@nebusinessmedia.com