Issue link: https://nebusinessmedia.uberflip.com/i/1489045
W W W. M A I N E B I Z . B I Z 89 BO O K O F L I S T S 2 0 2 3 S A L A R I E S 12 Matthew Foulston Covetrus Inc. EVP & CFO 7 Custom House St., Portland 04101 888-280-2221, covetrus.com Animal health $4,575 N/A $600,000 N/A $1,900,000 N/A N/A $24,662 $2,524,662 13 Gregory A. Dufour Camden National Corp. president & CEO 2 Elm St., Camden 04843 236-8821, camdennational.com Financial services $198.2 43:1 $55,302 $667,035 N/A $342,314 N/A $479,723 $886,837 6 $2,375,909 14 David Cooper WEX Inc. CTO 225 Gorham Road, South Portland 04106 773-8171, wexinc.com Payment solutions $1,850.5 127:1 $75,734 $400,000 N/A $1,084,901 $260,082 $456,600 $56,496 $2,258,079 15 Curtis C. Simard Bar Harbor Bankshares president & CEO 82 Main St., Bar Harbor 04609 288-3314, bhbt.com Financial services $110.8 21:1 $55,038 $674,700 N/A $573,495 N/A $506,025 $42,251 $1,796,471 16 Georgina Wraight Covetrus Inc. 4 EVP & president, global technology solutions 7 Custom House St., Portland 04101 888-280-2221, covetrus.com Animal-health technology $4,575 N/A $533,077 N/A $1,200,000 N/A N/A $30,324 $1,763,401 17 Dustin Finer Covetrus Inc. 4 chief administrative officer 7 Custom House St., Portland 04101 888-280-2221, covetrus.com Animal-health technology $4,575 N/A $480,000 N/A $1,000,000 N/A N/A $72,668 $1,552,668 SOURCE: U.S. Securities & Exchange Commission (SEC) proxy statements (14A), annual reports and company websites NOTE: N/A = Not available or not applicable. 1 Compensation is for calendar year 2021 unless otherwise noted. 2 Total annual compensation includes salary, bonus, stock and option awards, non-equity incentive plan compensation, change in pension value and non-qualified deferred compensation earnings, where applicable. 3 Includes $34,584 change in pension value and non-qualified deferred compensation earnings 4 On Oct. 13, 2022, the acquisition of Covetrus was completed by funds affiliated with Clayton, Dubilier & Rice (CD&R) and TPG Capital, the large-scale U.S. and European private equity platform of global alternative asset management firm TPG. As a result of the transaction, Covetrus is now a private company, and its stock is no longer publicly listed or traded on NASDAQ. 5 Simon stepped down from CFO role and left WEX on Dec. 31, 2021. 6 Includes $820,719 change in pension value and non-qualified deferred compensation earnings -This list was compiled by Stephanie R. Meagher and previously unpublished in Mainebiz. 1 Compensation is for calendar year 2021 unless otherwise noted. 2 Total annual compensation includes salary, bonus, stock and option awards, non-equity incentive plan compensation, change in pension value and non-qualified deferred compensation earnings, where applicable. 3 Includes $34,584 change in pension value and non-qualified deferred compensation earnings 4 On Oct. 13, 2022, the acquisition of Covetrus was completed by funds affiliated with Clayton, Dubilier & Rice (CD&R) and TPG Capital, the large-scale U.S. and European private equity platform of global alternative asset management firm TPG. As a result of the transaction, Covetrus is now a private company, and its stock is no longer publicly listed or traded on NASDAQ. 5 Simon stepped down from CFO role and left WEX on Dec. 31, 2021. 6 Includes $820,719 change in pension value and non-qualified deferred compensation earnings This list was compiled by Stephanie R. Meagher and previously unpublished in Mainebiz. N O T E : N/A = Not available or not applicable. S O U R C E : U.S. Securities & Exchange Commission (SEC) proxy statements (14A), annual reports and company websites Maine's highest-paid public company executives Ranked by total compensation in 2021 1 Executive Type of Business/ organization's 2021 revenue (millions) CEO pay ratio/ median employee compensation Salary/ bonus Stock awards/ option awards Non-equity incentive plan/ other compensation Total compensation 2 1 Melissa Smith WEX Inc. chair & CEO 1 Hancock St., Portland 04101 773-8171, wexinc.com Payment solutions $1,850.5 127:1 $75,734 $791,923 N/A $4,901,691 $1,562,532 $2,163,138 $193,633 3 $9,612,917 2 Jonathan J. Mazelsky IDEXX Laboratories Inc. president & CEO 1 IDEXX Drive, Westbrook 04092 556-0300, idexx.com Biotechnology $3,215.4 134:1 $67,638 $976,923 N/A $1,500,029 $4,499,229 $2,062,500 $26,340 $9,065,021 3 Benjamin Wolin Covetrus Inc. 4 president & CEO 7 Custom House St., Portland 04101 888-280-2221, covetrus.com Animal-health technology $4,575 N/A $1,000,000 N/A $5,500,000 N/A N/A $18,724 $6,518,724 4 Roberto Simon 5 WEX Inc. CFO 1 Hancock St., Portland 04101 773-8171, wexinc.com Payment solutions $1,850.5 127:1 $75,734 $550,000 N/A $2,419,638 $580,032 $1,100,000 $95,100 $4,744,770 5 Scott Phillips WEX Inc. president, Global fleet 225 Gorham Road, South Portland 04106 773-8171, wexinc.com Payment solutions $1,850.5 127:1 $75,734 $493,269 N/A $2,002,465 $480,065 $859,768 $80,522 $3,916,089 6 Brian P. McKeon IDEXX Laboratories Inc. EVP, CFO & treasurer 1 IDEXX Drive, Westbrook 04092 556-0300, idexx.com Biotechnology $3,215.4 134:1 $67,638 $625,485 N/A $550,065 $1,649,731 $777,521 $22,233 $3,625,035 7 Matthew Malenfant Covetrus Inc. chief commercial officer 7 Custom House St., Portland 04101 888-280-2221, covetrus.com Animal health $4,575 N/A $504,808 N/A $2,200,000 N/A N/A $28,817 $2,733,625 8 Robert Deshales WEX Inc. president, Health 1 Hancock St., Portland 04101 773-8171, wexinc.com Payment solutions $1,850.5 127:1 $75,734 $456,731 N/A $1,308,101 $313,546 $588,269 $29,100 $2,695,747 9 James Polewaczyk IDEXX Laboratories Inc. EVP & chief commercial officer 1 IDEXX Drive, Westbrook 04092 556-0300, idexx.com Biotechnology $3,215.4 134:1 $67,638 $521,154 N/A $349,843 $1,049,814 $649,688 $22,476 $2,592,975 10 Michael J. Lane IDEXX Laboratories Inc. EVP & GM, Reference labs & IT 1 IDEXX Drive, Westbrook 04092 556-0300, idexx.com Biotechnology $3,215.4 134:1 $67,638 $521,154 N/A $349,843 $1,049,814 $649,688 $22,159 $2,592,658 11 Tina Hunt IDEXX Laboratories Inc. EVP & GM, Point-of-care diagnostics & worldwide operations 1 IDEXX Drive, Westbrook 04092 556-0300, idexx.com Biotechnology $3,215.4 134:1 $67,638 $513,462 N/A $349,843 $1,049,814 $649,688 $20,298 $2,583,105 12 Matthew Foulston Covetrus Inc. EVP & CFO 7 Custom House St., Portland 04101 888-280-2221, covetrus.com Animal health $4,575 N/A $600,000 N/A $1,900,000 N/A N/A $24,662 $2,524,662 13 Gregory A. Dufour Camden National Corp. president & CEO 2 Elm St., Camden 04843 236-8821, camdennational.com Financial services $198.2 43:1 $55,302 $667,035 N/A $342,314 N/A $479,723 $886,837 6 $2,375,909 14 David Cooper WEX Inc. CTO 225 Gorham Road, South Portland 04106 773-8171, wexinc.com Payment solutions $1,850.5 127:1 $75,734 $400,000 N/A $1,084,901 $260,082 $456,600 $56,496 $2,258,079 15 Curtis C. Simard Bar Harbor Bankshares president & CEO 82 Main St., Bar Harbor 04609 288-3314, bhbt.com Financial services $110.8 21:1 $55,038 $674,700 N/A $573,495 N/A $506,025 $42,251 $1,796,471 16 Georgina Wraight Covetrus Inc. 4 EVP & president, global technology solutions 7 Custom House St., Portland 04101 Animal-health technology $4,575 N/A $533,077 N/A $1,200,000 N/A N/A $30,324 $1,763,401