Adobe Systems reports 2018 executive compensation
CEO Shantanu Narayen receives $28.4M
Adobe Systems reported fiscal year 2018 executive compensation information on March 1, 2019.
In 2018, six executives at Adobe Systems received on average a compensation package of $10,843,275, a 6% increase compared to previous year.Average pay of disclosed executives at Adobe Systems
Shantanu Narayen, Chief Executive Officer, received $28,397,528 in total, which increased by 29% compared to 2017. 89.94% of Narayen's compensation, or $25,539,764, was in stock awards. Narayen also received $1,824,313 in non-equity incentive plan, $1,000,000 in salary, as well as $33,451 in other compensation.
For fiscal year 2018, the median employee pay was $142,192 at Adobe Systems. Therefore, the ratio of Shantanu Narayen's pay to the median employee pay was 200 to one.
Scott Belsky, Chief Legal Officer, received a compensation package of $12,514,537. 81.45% of the compensation package, or $10,193,697, was in stock awards.
Bryan Lamkin, Executive Vice President and GM, Digital Media, earned $8,185,900 in 2018, a 15% increase compared to previous year.
John Murphy, Chief Financial Officer, received $7,821,543 in 2018.
Bradley Rencher, Chief Legal Officer, earned $7,749,137 in 2018, a 10% increase compared to previous year.
Mark Garrett, Chief Financial Officer, received $391,006 in 2018, which decreases by 95% compared to 2017.
Adobe Systems' fiscal year ends on November 30.