The charts on this page feature a breakdown of the total annual pay for the top executives at FRANKLIN ELECTRIC CO INC as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. FRANKLIN ELECTRIC CO INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. FRANKLIN ELECTRIC CO INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

Name And Title Total Cash Equity Other Total Compensation
Gregg C. Sengstack
Chairperson & CEO
Total Cash $1,740,777 Equity $3,299,984 Other $37,823 Total Compensation $5,078,584
John J. Haines
VP & CFO
Total Cash $800,154 Equity $999,969 Other $71,164 Total Compensation $1,871,287
DeLancey W. Davis
VP and President, Headwater Companies
Total Cash $709,494 Equity $435,045 Other $66,856 Total Compensation $1,211,395
Donald P. Kenney
VP and President, Global Water
Total Cash $762,426 Equity $799,941 Other $91,783 Total Compensation $1,654,150
Jonathan M. Grandon
VP, CAO, General Counsel and Corporate Secretary
Total Cash $616,780 Equity $461,972 Other $36,538 Total Compensation $1,115,290
For its 2020 fiscal year, FRANKLIN ELECTRIC CO INC, listed the following CEO pay ratio data on its annual proxy statement to the SEC.
CEO Name CEO Pay Median Employee Pay CEO Pay Ratio
Gregg C. Sengstack CEO Pay $5,953,917 Median Employee Pay $17,649 CEO Pay Ratio 337:1
For its 2020 fiscal year, FRANKLIN ELECTRIC CO INC, listed the following board members on its annual proxy statement to the SEC.
Name Total COMPENSATION
David M. Wathen Total Cash $216,000
David T. Brown Total Cash $229,500
Jennifer L. Sherman Total Cash $216,000
Renee J. Peterson Total Cash $217,500
Thomas R. VerHage Total Cash $207,500
Victor D. Grizzle Total Cash $288,625

This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.