Bandwidth CEO David Morken's 2021 pay slips 9% to $3.4M
Bandwidth reports 2021 executive compensation
By ExecPay News
Published: April 5, 2022
Bandwidth reported fiscal year 2021 executive compensation information on April 5, 2022.
In 2021, six Bandwidth executives received on average a compensation package of $1.9M, a 16% decrease compared to previous year.
Average pay of disclosed executives at Bandwidth
David A. Morken, Chief Executive Officer, received $3.4M in total, which decreased by 9% compared to 2020. 72% of Morken's compensation, or $2.4M, was in stock awards. Morken also received $464K in non-equity incentive plan, $471K in salary, as well as $20K in other compensation.
For fiscal year 2021, the median employee pay was $93,073 at Bandwidth. Therefore, the ratio of David A. Morken's pay to the median employee pay was 36 to one.
Daryl E. Raiford, Chief Financial Officer, received a compensation package of $2.8M. 86% of the compensation package, or $2.4M, was in stock awards.
Jeffrey A. Hoffman, Chief Financial Officer, earned $1.7M in 2021, a 10% decrease compared to previous year.
R. Brandon Asbill, General Counsel, received $1.4M in 2021.
Scott T. Mullen, Chief Technology Officer, earned $1M in 2021.
Rebecca G. Bottorff, Chief People Officer, received $996K in 2021, which decreases by 15% compared to 2020.
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Source: SEC filing on April 5, 2022.