Robert J. Pagano, Jr. has been the CEO of Watts Water Technologies since May 2014 and became its Chairperson in February 2022. Before this, he worked at ITT Corporation for over 15 years, moving up the ranks to become the...

Current Market Cap

$6.93B

Number of Employees

5.1K

Total Compensation

2019 - 2023

Trending up by 4.15% last year
Showing total compensation for the last 2019 - 2023

Stock

Up by 0.00% last year

Salary

Up by 3.92% last year

Bonus

Up by 0.00% last year

Other

Up by 7.06% last year

Year

2023

Total Compensation

$1.12M

Salary

$1.04M

Board Justification

The compensation philosophy aims to attract, retain, and motivate key executives critical to long-term success, positioning total direct compensation at approximately the median of peer companies, rewarding achievement relative to goals that drive long-term stockholder value, and aligning long-term pay outcomes with stockholder value creation.

Bonus

$0.00

Board Justification

No bonus was reported for 2023 as it was not applicable or not disclosed separately.

Other

$83.96K

Board Justification

This includes a cash automobile allowance, financial planning allowance, company contribution to 401(k) plan, supplemental disability insurance premium, and executive physical examination.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock grants were reported as vested in 2023, only the total compensation was provided.

Performance Metrics

The performance metrics for 2023 included consolidated net sales, consolidated adjusted net income, and consolidated free cash flow.

SEC Filing

From April 1, 2024