Ameresco CEO George Sakellaris' 2020 pay falls 62% to $1.5M
Ameresco reports 2020 executive compensation
By ExecPay News
Published: April 27, 2021
Ameresco reported fiscal year 2020 executive compensation information on April 27, 2021.
In 2020, five Ameresco executives received on average a compensation package of $820K, a 34% decrease compared to previous year.
Average pay of disclosed executives at Ameresco
George P. Sakellaris, Chief Executive Officer, received $1.5M in total, which decreased by 62% compared to 2019. 65% of Sakellaris' compensation, or $950K, was in salary. Sakellaris also received $500K in bonus and $19K in other compensation.
For fiscal year 2020, the median employee pay was $100,224 at Ameresco. Therefore, the ratio of George P. Sakellaris' pay to the median employee pay was 15 to one.
Nicole A. Bulgarino, Executive Vice President and General Manager, Federal Solutions, received a compensation package of $870K, which increased by 13% compared to previous year. 44% of the compensation package, or $380K, was in salary.
Michael T. Bakas, Executive Vice President, Distributed Energy Systems, earned $823K in 2020, a 16% increase compared to previous year.
Spencer Doran Hole, Chief Financial Officer, received $484K in 2020, which decreases by 44% compared to 2019.
David J. Corrsin, General Counsel, earned $453K in 2020, a 33% decrease compared to previous year.
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Source: SEC filing on April 27, 2021.