Issue link: https://nebusinessmedia.uberflip.com/i/1170706
4 0 S T U F F • F a l l 2 0 1 9 S T U F F M a d e I n C T . c o m Highest-paid CEO's for public manufacturing companies in Connecticut (Ranked by total 2018 compensation) Rank Executive Total compensation 2018/ 2017 Percent change 2017-2018 2018 Salary 2018 Stock awards 2018 Option awards 2018 Bonus 2018 Non-equity incentive plan compensation 2018 Change in pension value and nonqualified deferred compensation 2018 All other compensation 1 Giovanni Visentin (a) CEO Xerox Corp. (b) Norwalk $23,459,003 NA NA $756,522 $17,500,045 $1,572,794 $1,500,000 $1,800,000 $0 $329,642 2 Gregory J. Hayes Chairman & CEO United Technologies Corp. Farmington $18,418,315 $17,027,493 8.2% $1,575,000 $8,878,810 $3,165,260 $3,500,000 $0 $829,344 $469,901 3 Ludwig N. Hantson CEO Alexion Pharmaceuticals Inc. New Haven $16,490,250 $15,310,067 7.7% $1,200,000 $12,385,168 $0 $0 $2,880,000 $0 $25,082 4 James M. Loree President & CEO Stanley Black & Decker Inc. New Britain $13,563,404 $16,211,415 -16.3% $1,250,000 $6,009,512 $1,990,500 $0 $1,785,000 $2,044,304 $484,088 5 Michael J. Hartnett President & CEO RBC Bearings Inc. Oxford $11,640,585 $7,694,114 51.3% $775,020 $6,875,525 $2,769,440 $0 $1,162,530 NA $58,070 6 Robert K. Ortberg (c) CEO, Collins Aerospace United Technologies Corp. Farmington $10,305,050 NA NA $112,240 $9,875,022 $0 $140,300 $0 $30,107 $147,381 7 Richard Adam Norwitt President & CEO Amphenol Wallingford $10,110,360 $8,165,544 23.8% $1,130,000 $0 $6,410,000 $0 $2,401,250 $0 $169,110 8 John L. Garrison President & CEO Terex Corp. Westport $9,629,700 $11,206,482 -14.1% $935,577 $6,741,994 $0 $0 $1,469,800 $0 $482,329 9 Marc B. Lautenbach President & CEO Pitney Bowes Stamford $8,056,938 $6,341,368 27.1% $991,667 $4,793,750 $1,300,000 $0 $869,400 $0 $102,122 10 D. G. Nord President & CEO Hubbell Inc. Shelton $7,620,663 $8,531,171 -10.7% $1,050,500 $3,275,446 $1,456,492 $0 $1,680,800 $0 $157,425 11 Patrick J. Dempsey President & CEO Barnes Group Inc. Bristol $6,789,894 $8,506,969 -20.2% $862,500 $3,355,014 $760,250 $0 $1,009,155 $643,503 $159,472 12 Neal J. Keating President & CEO Kaman Corp. Bloomfield $2,190,285 $6,660,215 -67.1% $1,000,000 $0 $0 $0 $907,200 $0 $283,085 Source: Each company's proxy statement. Note: Compensation for Stephen F. Angel, CEO of Danbury's Praxair Inc. (now part of U.K.-based Linde Group), was unavailable by press time. NA = Not applicable. (a) Includes one-time compensation as a cash sign-on bonus payment of $1,500,000 and an initial equity award of restricted stock, with a grant date fair value equal to $10,000,025. (b) Data from the preliminary proxy statement dated April 18, 2019. (c) Represents period between Nov. 26, 2018 (the closing date of the Rockwell Collins acquisition) and Dec. 31, 2018. —Compiled by Stephanie R. Meagher. Highest-paid CEO's for public manufacturing companies in Connecticut