By LOU WILIN
The compensation of Cooper Tire & Rubber Co.’s chief executive officer, Bradley Hughes, rose nearly 37 percent last year to $4.5 million.
Hughes’ salary increased 3.3 percent to $958,479 in 2018, Cooper Tire reported to the Securities and Exchange Commission.
Hughes’ stock awards climbed 19 percent to $2.1 million. A performance-based bonus more than tripled to $1.4 million.
Hughes’ other perks, of $68,081, included $57,497 in company contributions to his retirement plan and $9,735 in financial planning services.
Ginger Jones, who retired last year as chief financial officer, earned $1.8 million, or 12.5 percent more than in 2017. Her salary was $525,000 and stock awards were $637,982.
She earned a performance-based bonus of $586,813.
Jones’ other perks, of $36,049, included $31,500 in company contributions to her retirement plan; an executive physical of $2,399; and $2,150 in financial planning services.
Jones’ successor, Christopher Eperjesy, joined the company in December and earned $685,962.
Eperjesy’s salary was $30,137. He received a bonus of $175,000 and stock awards of $459,375. He earned a performance-based bonus of $21,450.
Chief Human Resources Officer John Bollman earned $980,679.
His salary was $411,055 and stock awards totaled $287,049. Bollman earned a performance-based bonus of $253,559.
Bollman’s other perks, of $29,016, included $24,640 in company contributions to his retirement plan; $2,575 in financial planning services; and $946 for an executive physical.
General counsel and secretary, Stephen Zamansky, earned $1.4 million.
His salary was $460,752 and stock awards totaled $459,169.
Zamansky earned a performance-based bonus of $429,951.
His other perks, of $29,180, included $27,620 in company contributions to his retirement plan; and $1,560 in financial planning services.
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