4 results
DEF 14A
CR
Crane Co
7 Mar 24
Definitive proxy
5:02pm
The table below summarizes the compensation for 2023, 2022 and 2021 earned by Crane Company’s Chief Executive Officer, its Chief Financial Officer, and each of the three other most highly paid executive officers (as determined pursuant to SEC rules) as employees of Crane Company, and, prior to the separation, as employees of Crane Holdings, Co.
Name and Principal Position | Year | Salary ($) | Bonus ($) | Stock Awards ($)(1) | Option Awards ($)(2) | Non-Equity Incentive Plan Compensation ($)(3) | Change in Pension Value and Nonqualified Deferred Compensation Earnings ($)(4) | All Other Compensation ($)(5) | Total ($) | |||||||||||||||||||||||||||
Max H. Mitchell President and Chief Executive Officer | 2023 | 1,200,000 | — | 4,557,813 | 1,340,013 | 2,610,720 | 100,402 | 256,079 | 10,065,027 | |||||||||||||||||||||||||||
2022 | 1,200,000 | — | 4,569,575 | 1,339,997 | 1,919,520 | — | 287,464 | 9,316,556 | ||||||||||||||||||||||||||||
2021 | 1,177,990 | — | 3,956,400 | 1,274,996 | 2,880,000 | — | 195,104 | 9,484,490 | ||||||||||||||||||||||||||||
Richard A. Maue Executive Vice President and Chief Financial Officer | 2023 | 759,714 | — | 1,093,630 | 324,980 | 1,175,877 | — | 89,477 | 3,443,678 | |||||||||||||||||||||||||||
2022 | 717,209 | — | 1,096,141 | 325,002 | 767,644 | — | 104,466 | 3,010,462 | ||||||||||||||||||||||||||||
2021 | 681,258 | — | 966,767 | 312,508 | 1,028,352 | — | 70,313 | 3,059,198 | ||||||||||||||||||||||||||||
Anthony M. D’Iorio Executive Vice President, General Counsel and Secretary | 2023 | 573,503 | — | 757,141 | 225,006 | 785,314 | 26,168 | 64,678 | 2,431,810 | |||||||||||||||||||||||||||
2022 | 523,115 | — | 674,495 | 200,002 | 489,913 | — | 69,267 | 1,956,792 | ||||||||||||||||||||||||||||
2021 | 494,740 | — | 541,368 | 174,992 | 700,050 | — | 51,491 | 1,962,641 | ||||||||||||||||||||||||||||
Alejandro A. Alcala Executive Vice President | 2023 | 586,823 | 630,942 | 187,505 | 815,850 | — | 63,545 | 2,284,665 | ||||||||||||||||||||||||||||
2022 | 498,874 | — | 590,218 | 175,001 | 542,611 | — | 66,327 | 1,873,032 | ||||||||||||||||||||||||||||
2021 | 463,894 | — | 464,053 | 150,008 | 656,033 | — | 49,470 | 1,783,458 | ||||||||||||||||||||||||||||
Tamara S. Polmanteer Executive Vice President and Chief Human Resources Officer | 2023 | 456,960 | — | 504,721 | 150,004 | 582,060 | — | 59,043 | 1,752,788 | |||||||||||||||||||||||||||
2022 | 435,748 | — | 505,922 | 150,001 | 407,578 | — | 70,356 | 1,569,605 | ||||||||||||||||||||||||||||
DEF 14A
CR
Crane Co
7 Mar 24
Definitive proxy
5:02pm
Year | Salary | Bonus and Non-Equity Incentive Compensation | All Other Compensation (i) | Stock Awards (ii) | Options Awards (ii) | Change in Pension Value and Nonqualified Deferred Compensation Earnings (ii) | SCT Total | Deductions from SCT Total (ii) | Additions to SCT Total (iii) | CAP | ||||||||||||||||||||||||||||||
2023 | $ | 1,200,000 | $ | 2,610,720 | $ | 256,079 | $ | 4,557,813 | $ | 1,340,013 | $ | 100,402 | $ | 10,065,027 | ($ | 5,998,228 | ) | $ | 29,459,761 | $ | 33,526,560 |
DEF 14A
CR
Crane Co
7 Mar 24
Definitive proxy
5:02pm
Year | Salary | Bonus and Non-Equity Incentive Compensation | Other Compensation (i) | Stock Awards | Options Awards | Change in Pension Value and Nonqualified Deferred Compensation Earnings | SCT Total | Deductions from SCT Total (ii) | Additions to SCT Total (iii) | CAP | ||||||||||||||||||||||||||||||
2023 | $ | 594,250 | $ | 839,775 | $ | 69,186 | $ | 746,608 | $ | 221,874 | $ | 6,542 | $ | 2,478,236 | ($ | 975,024 | ) | $ | 4,299,596 | $ | 5,802,807 |
DEF 14A
CR
Crane Co
7 Mar 24
Definitive proxy
5:02pm
The approved payout percentages and cash bonuses for our corporate and operations NEOs for 2023 are as follows:
Named Executive Officer | Bonus Target (% of Salary) | Bonus Target ($) | Payout (%) | Bonus Paid ($) | ||||||||||||
M. H. Mitchell | 120% | $ | 1,440,000 | 181.3% | $ | 2,610,720 | ||||||||||
R. A. Maue | 85% | $ | 648,581 | 181.3% | $ | 1,175,877 | ||||||||||
A. M. D’Iorio | 75% | $ | 433,157 | 181.3% | $ | 785,314 | ||||||||||
A. A. Alcala | 75% | $ | 450,000 | 181.3% | $ | 815,850 | ||||||||||
T. S. Polmanteer | 70% | $ | 321,048 | 181.3% | $ | 582,060 |
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