Varun Laroyia
2021
In 2021, Varun Laroyia earned a total compensation of $4M as Executive Vice President and Chief Financial Officer at LKQ, a 21% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $1,657,356 |
|---|---|
| Salary | $764,904 |
| Stock Awards | $1,500,026 |
| Other | $72,066 |
| Total | $3,994,352 |
Laroyia received $1.7M in non-equity incentive plan, accounting for 41% of the total pay in 2021.
Laroyia also received $764.9K in salary, $1.5M in stock awards and $72.1K in other compensation.
Rankings
In 2021, Varun Laroyia's compensation ranked 3,353rd out of 12,415 executives tracked by ExecPay. In other words, Laroyia earned more than 73.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 3,353 out of 12,415 | 73rd |
Division Wholesale Trade | 63 out of 263 | 76th |
Major group Wholesale Trade-durable Goods | 42 out of 160 | 74th |
Industry group Motor Vehicles And Motor Vehicle Parts And Supplies | 5 out of 10 | 50th |
Pay ratio
| Varun Laroyia's Pay | $3,994,352 |
|---|---|
| Median Employee's Pay | $38,982 |
| Pay Ratio | 102to 1 |
In 2021, the annual total compensation of Varun Laroyia was $3,994,352.
The annual total compensation of the median employee at LKQ was $38,982.
The ratio of Varun Laroyia's pay to the pay of median employee was therefore 102 to one.
Source: SEC filing on March 21, 2022.
Laroyia's colleagues
We found four more compensation records of executives who worked with Varun Laroyia at LKQ in 2021.