Raffi Garabedian
2018
In 2018, Raffi Garabedian earned a total compensation of $3.3M as Chief Technology Officer at First Solar, a 22% decrease compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $440,996 |
|---|---|
| Salary | $562,904 |
| Stock Awards | $2,249,981 |
| Other | $11,000 |
| Total | $3,264,881 |
Garabedian received $2.2M in stock awards, accounting for 69% of the total pay in 2018.
Garabedian also received $441K in non-equity incentive plan, $562.9K in salary and $11K in other compensation.
Rankings
In 2018, Raffi Garabedian's compensation ranked 3,521st out of 14,244 executives tracked by ExecPay. In other words, Garabedian earned more than 75.3% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 3,521 out of 14,244 | 75th |
Division Manufacturing | 1,301 out of 5,759 | 77th |
Major group Electronic And Other Electrical Equipment And Components, Except Computer Equipment | 160 out of 813 | 80th |
Industry group Electronic Components And Accessories | 108 out of 476 | 77th |
Industry Semiconductors and Related Devices | 83 out of 323 | 74th |
Pay ratio
| Raffi Garabedian's Pay | $3,264,881 |
|---|---|
| Median Employee's Pay | $79,481 |
| Pay Ratio | 41to 1 |
In 2018, the annual total compensation of Raffi Garabedian was $3,264,881.
The annual total compensation of the median employee at First Solar was $79,481.
The ratio of Raffi Garabedian's pay to the pay of median employee was therefore 41 to one.
Source: SEC filing on April 3, 2019.
Garabedian's colleagues
We found four more compensation records of executives who worked with Raffi Garabedian at First Solar in 2018.