Broadcom reports 2018 executive compensation
CTO Bryan T. Ingram receives $7.6M
Broadcom reported fiscal year 2018 executive compensation information on February 19, 2019.
In 2018, five Broadcom executives received on average a compensation package of $6,603,192, a 76% decrease compared to previous year.Average pay of disclosed executives at Broadcom
Bryan T. Ingram, Chief Technology Officer, received $7,560,699 in total, which decreased by 17% compared to 2017. 77.51% of Ingram's compensation, or $5,860,388, was in stock awards. Ingram also received $1,080,171 in non-equity incentive plan, $603,640 in salary, as well as $16,500 in other compensation.
For fiscal year 2018, the median employee pay was $202,915 at Broadcom. Therefore, the ratio of Bryan T. Ingram's pay to the median employee pay was 37 to one.
Thomas H. Krause Jr, Chief Financial Officer, received a compensation package of $7,333,425, which decreased by 34% compared to previous year. 84.11% of the compensation package, or $6,168,190, was in stock awards.
Charlie B. Kawwas, Senior Vice President and Chief Sales Officer, earned $7,261,527 in 2018, a 15% decrease compared to previous year.
Mark D. Brazeal, Chief Legal Officer, received $5,817,372 in 2018, which decreases by 10% compared to 2017.
Hock E. Tan, Chief Executive Officer, earned $5,042,937 in 2018, a 95% decrease compared to previous year.
Broadcom's fiscal year ends on November 4.