JobsOhio shares top executive salaries

JobsOhio publicly published what it pays its top executives, about a month after news reports about its payroll growing $1.8 million in 2018 compared to 2017.

The private organization manages state tax dollars and gives incentives to recruit and retain companies that might otherwise move to other states.

MORE: JobsOhio employee payroll increased 18 percent last year

JobsOhio said in a statement that it was sharing the compensation information for top executives earlier than required in a move to provide more openness and accountability.

JobsOhio stated that its foremost advantage is its “unique private structure, allows for speed, agility and confidentiality when working with the private sector while protecting Ohio’s negotiating posture from competitors.”

The organization stated that sharing compensation information of top executives does not materially impact this competitiveness, and it releases this information each year and posts it on its website.

JobsOhio leaders  
The private organization manages incentives for the state.  
NameTitleCompensation
John Minor, Jr.President and Chief Investment Officer$621,322.62*
Dana Saucier, Jr.VP and Head of Economic Development$353,099.72
Aaron PittsSenior Managing Director$342,155.67
Kristi TannerSenior Managing Director$304,863.34
Ted GriffithManaging Director$277,825.98
Glenn RichardsonManaging Director$275,983.79
Valentina IsakinaManaging Director$257,691.36
Kristi ClouseExecutive Director of Operations$253,997.80
Andrew DeyeManaging Director$241,519.17
Kevin GiangolaChief Financial Officer$240,486.96
Don GrubbsGeneral Counsel$238,163.06
Renae ScottMarketing and Communications Director$195,573.66
Lee CrumeDirector, Global Business Development $191,438.38*
Cheryl HayDirector of Project Talent Acquisition$179,253.62
Julie BattlesController$173,987.42
Matt CybulskiDirector, Energy and Chemical$171,150.47
*Employees no longer employed at JobsOhio  
**Base salary; not reflected in this number is approximately 5% for baseline healthcare and 401(k) contributions, and he may be eligible for a performance bonus. 

“JobsOhio is an economic development model for other states, and part of the reason is its ability to assure confidentiality in negotiations,” Gov. Mike DeWine said in a statement. “However, being transparent is also important. The announcement today is an example of the commitment of the new leadership of JobsOhio to more transparency.”

JobsOhio shared information for 17 top officials, including its former president and new president.

MORE: Who will be paid the most in DeWine's cabinet? Hint: It's not DeWine

J.P. Nauseef, the new president and chief investment officer for JobsOhio, has a base salary of $350,000 for 2019.

Gov. Mike DeWine makes an annual salary of about $154,200.

John Minor, the organization’s former president and chief investment officer, made $621,322 last year, a 16 percent increase of $86,864 from 2017.

Nauseef’s compensation and Minor’s compensation can’t be directly compared because JobsOhio only had the base salary available for Nauseef, who has not worked a full year yet for JobsOhio. Total compensation includes things like 401(k) contributions, health benefits or performance bonuses and can be compensated at the end of the year.

The Dayton Daily News reported in March that JobsOhio had 103 positions on its payroll in 2018, compared to 95 the previous year, a report out this month from the organization shows. Thirty-nine employees at JobsOhio were paid more than $100,000 last year and 11 earned more than $200,000, the data shows.

In 2018, JobsOhio reported it worked on 266 projects with companies that committed to create a record 27,071 new jobs and $1.3 billion in additional payroll. That amounts to a $9.6 billion increase in capital investment year over year.

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