´¡±ð²µ¾±´Ç²ÔÌýChief Executive Charles Gordon got no bonus last year as the company missed its earnings target, but a bigger stock award boosted his total pay to $2.7 million.
That was 3.6 percent more than Gordon earned in 2017, when he also went without a bonus. Details of his compensation are disclosed in a filed last month.
The document says Aegion experienced an "extraordinarily difficult labor market and several large project challenges" last year. The Chesterfield-based pipe repair company after losing money in 2017, but its share price fell 36 percent.
A $2 million stock award, half of which will depend on three-year performance measures, was the biggest component of Gordon's pay. His salary was $682,053 after a 2.5 percent raise, and he's been given a 3 percent raise for 2019.
The company included a table showing that Gordon's "realizable" pay was just $1.8 million, one-third below the officially reported amount, because a previous stock award paid out at just 73 percent of the target value.
Gordon earned 39 times as much as the median Aegion employee, whose pay the company calculated at $69,815.
Gordon's golden parachute, the amount he can collect if he leaves after a takeover, is valued at $9.9 million. That includes $4.8 million of severance pay and $5.1 million worth of unvested stock.
Here's what 30 ºüÀêÊÓƵ CEOs earned in 2017:
Meet the 30 top-paid CEOs in ºüÀêÊÓƵ, 2017 pay
* Jeffrey S. Hollister, American Railcar Industries