EDGE What top bosses in the Chattanooga region earned in 2017

EDGE What top bosses in the Chattanooga region earned in 2017

June 1st, 2018 by Dave Flessner in EDGE

Among the top five publicly traded companies headquartered in the Chattanooga and North Georgia region, three of the CEOs got a pay raise last year and two took pay cuts in 2017 compared with their total compensation in 2016. (Getty Images/iStockphoto/Jirsak)

Photo by Getty Images/iStockphoto/Jirsak

Among the top five publicly traded companies headquartered in the Chattanooga and North Georgia region, three of the CEOs got a pay raise last year and two took pay cuts in 2017 compared with their total compensation in 2016. On average, the top CEOs were paid nearly 77 times more than what the average worker earned last year.

Company: CEO, 2017 compensation — Change / Median worker pay / Ratio to CEO

1. Unum Group: Richard McKenney, $9,683,946 — Up. 11.7 percent / $62,650 / 1-155

2. Mohawk Industries: Jeff Lorberbaum, $5,017,713— Down 29.3 percent / $40,630/1-123

3. CBL Propeties: Stephen Lebovitz, $2,578,467 — Down 19 percent /$55,442/1-47

4. Astec Industries: Ben Brock, $1,471,913 — Up 37.8 percent /$56,557/1-26

5. Covenant Transport: David Parker, $1,099,599 — Up 28.7 percent /$34,374/1-32

Source: Company SEC filings


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