It's one of the biggest year-over-year increases in Plastics News ranking of the industry's top-earning executives in North America. A 62.5 percent increase, to be precise. But it's not a massive stock gain or impressive payout. It's the number of women who made the list, which has increased from eight to 13.
Whether public opinion is that they make too much or are being fairly rewarded for hard work and taking risks, North American plastics executive compensation is keeping pace with other industries and the market at large.
There are a lot of numbers that might jump out at you when first going over the numbers for this year's Plastics News ranking of the industry's top-earning executives in North America. “Eight” probably isn't one of the first. But it's a record. Among the highest paid executives at publicly traded plastics processors there are eight women.
The CEO of an automotive parts giant again tops the annual Plastics News list of highest-paid industry executives, and it's the cash and stock bonuses tied to performance metrics that really set the top of the list apart.
In the latest executive compensation survey from Plastics News, executives on the list, as a whole, enjoyed higher equity awards last year compared with the year before. And that does follow a broader trend.