Varun Laroyia
2020
In 2020, Varun Laroyia earned a total compensation of $3.3M as Executive Vice President and Chief Financial Officer at LKQ, a 20% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $1,114,275 |
|---|---|
| Salary | $624,631 |
| Stock Awards | $1,500,021 |
| Other | $59,882 |
| Total | $3,298,809 |
Laroyia received $1.5M in stock awards, accounting for 45% of the total pay in 2020.
Laroyia also received $1.1M in non-equity incentive plan, $624.6K in salary and $59.9K in other compensation.
Rankings
In 2020, Varun Laroyia's compensation ranked 3,543rd out of 13,090 executives tracked by ExecPay. In other words, Laroyia earned more than 72.9% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 3,543 out of 13,090 | 73rd |
Division Wholesale Trade | 76 out of 310 | 76th |
Major group Wholesale Trade-durable Goods | 40 out of 176 | 77th |
Industry group Motor Vehicles And Motor Vehicle Parts And Supplies | 4 out of 10 | 60th |
Pay ratio
| Varun Laroyia's Pay | $3,298,809 |
|---|---|
| Median Employee's Pay | $30,292 |
| Pay Ratio | 109to 1 |
In 2020, the annual total compensation of Varun Laroyia was $3,298,809.
The annual total compensation of the median employee at LKQ was $30,292.
The ratio of Varun Laroyia's pay to the pay of median employee was therefore 109 to one.
Source: SEC filing on March 22, 2021.
Laroyia's colleagues
We found four more compensation records of executives who worked with Varun Laroyia at LKQ in 2020.