8x8 CEO Vikram Verma's 2020 pay rises 11% to $5.7M

8x8 reports 2020 executive compensation

By ExecPay News

Published: June 30, 2020

8x8 reported fiscal year 2020 executive compensation information on June 30, 2020.
In 2020, five 8x8 executives received on average a compensation package of $2.7M, a 39% increase compared to previous year.
Average pay of disclosed executives at 8x8
Vikram Verma, Chief Executive Officer, received $5.7M in total, which increased by 11% compared to 2019. 87% of Verma's compensation, or $4.9M, was in stock awards. Verma also received $242K in non-equity incentive plan, $513K in salary, as well as $6.6K in other compensation.
For fiscal year 2020, the median employee pay was $136,806 at 8x8. Therefore, the ratio of Vikram Verma's pay to the median employee pay was 41 to one.
Steven Gatoff, Chief Financial Officer, received a compensation package of $3M, which decreased by 1% compared to previous year. 83% of the compensation package, or $2.5M, was in stock awards.
Dejan Deklich, Chief Product Officer, earned $2.9M in 2020, a 46% increase compared to previous year.
Matthew Zinn, General Counsel, received $1.1M in 2020, which decreases by 24% compared to 2019.
Bryan R. Martin, Chief Technology Officer, earned $875K in 2020, a 10% increase compared to previous year.
8x8's fiscal year ends on March 31.

Related executives

Vikram Verma

8x8

Chief Executive Officer

Steven Gatoff

8x8

Chief Financial Officer

Bryan Martin

8x8

Chief Technology Officer

Dejan Deklich

8x8

Chief Product Officer

Matthew Zinn

8x8

General Counsel

You may also like

Source: SEC filing on June 30, 2020.