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StuffMadeinMA.com • 2 0 1 9 • S T U F F 57 Salaries of highest-paid manufacturing executives Ranked by total compensation in fiscal 2018 for public masnufacturers headquarterd in Eastern Mass. Salaries of highest-paid manufacturing executives Ranked by total compensation in fiscal 2018 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 $22,420,258 $1,511,559 —- $4,336,000 —- $10,714,893 $5,322,070 (a) 2 Marc N. Casper, president & CEO Thermo Fisher Scientific Inc., Waltham $18,607,103 $1,482,740 —- $4,670,630 $3,893,298 $8,005,840 —- 3 Larry Culp (b), chairman & CEO General Electric Co., Boston $15,398,827 $625,000 $937,500 —- —- $13,740,000 (c) $86,662 (d) 4 Vincent Roche, president & CEO Analog Devices, Norwood $11,007,691 $984,615 —- $2,682,173 $2,305,013 $4,949,953 —- 5 Taylor W. Lawrence, president, Missile Systems Raytheon Co., Waltham $9,344,778 $782,954 —- $889,400 —- $2,648,314 $4,924,902 (a) 6 Liam K. Griffin, president & CEO Skyworks Solutions Inc., Woburn $9,342,113 $894,808 —- $1,284,664 —- $7,150,399 —- 7 Mark P. Stevenson, EVP & COO Thermo Fisher Scientific Inc., Waltham $8,426,577 $1,005,025 —- $1,741,205 $1,764,115 $3,665,832 —- 8 David Joyce, Vice chair & CEO, Aviation General Electric Co., Boston $7,522,731 $1,550,000 $2,415,000 —- —- $3,382,585 (c) —- 9 Jamie Miller, SVP & CFO General Electric Co., Boston $7,401,678 $1,450,000 $1,160,000 —- —- $4,334,060 (c) —- 10 Kieran Murphy, SVP & CEO, Healthcare General Electric Co., Boston $7,290,165 $1,135,814 $1,703,721 —- $1,670,000 $2,608,677 (c) $118,580 (d) 11 Mark E. Jagiela, CEO Teradyne Inc., North Reading $7,172,691 $904,720 $325,588 $1,512,692 $420,802 $3,944,978 —- 12 Sean D. Keohane, president & CEO Cabot Corp., Boston $6,775,442 $937,500 —- $1,567,500 $1,399,898 $2,599,951 —- 13 Anthony F. O'Brien, VP & CFO Raytheon Co., Waltham $6,106,509 $780,178 —- $1,114,700 —- $3,159,148 $946,684 (a) 14 Robert J. Pagano Jr., president & CEO Watts Water Technologies Inc., North Andover $5,854,532 $885,000 —- $1,404,900 —- $3,490,108 —- 15 David C. Wajsgras, president, Intelligence Information and Services Raytheon Co., Waltham $5,486,189 $977,101 $19,542 $1,512,300 —- $2,648,314 $158,860 (a) 16 Scott Buckhout, president & CEO Circor International Inc., Burlington $4,492,659 $732,885 —- $878,152 $1,450,000 $1,416,261 —- 17 Frank H. Laukien, chairman, president & CEO Bruker Corp., Billerica $4,479,899 $730,675 —- $1,047,035 $612,663 $2,081,276 —- Source: Proxy statements filed with the U.S. Securities & Exchange Commission. (a) Change in pension value and non-qualified deferred compensation earnings (b) Succeeded John L. Flannery on Oct. 1, 2018; compensation reflects a three-month period. (c) Performance share units and restricted stock units (d) Pension and deferred compensation - Compiled by: Stephanie R. Meagher, smeagher@nebusinessmedia.com Source: Proxy statements filed with the U.S. Securities & Exchange Commission. (a) Change in pension value and non-qualified deferred compensation earnings (b) Succeeded John L. Flannery on Oct. 1, 2018; compensation reflects a three-month period. (c) Performance share units and restricted stock units (d) Pension and deferred compensation - Compiled by: Stephanie R. Meagher, smeagher@nebusinessmedia.com