Broadcom Senior Vice President and Chief Sales Officer Charlie Kawwas' 2019 pay jumps 147% to $17.9M
Broadcom reports 2019 executive compensation
By ExecPay News
Published: February 18, 2020
Broadcom reported fiscal year 2019 executive compensation information on February 18, 2020.
In 2019, five Broadcom executives received on average a compensation package of $13.1M, a 98% increase compared to previous year.
Charlie B. Kawwas, Senior Vice President and Chief Sales Officer, received $17.9M in total, which increased by 147% compared to 2018. 95.22% of Kawwas' compensation, or $17.1M, was in stock awards. Kawwas also received $351.4K in non-equity incentive plan, $488.5K in salary, as well as $16.8K in other compensation.
For fiscal year 2019, the median employee pay was $354,119 at Broadcom. Therefore, the ratio of Charlie B. Kawwas' pay to the median employee pay was 51 to one.
Thomas H. Krause Jr, Chief Financial Officer, received a compensation package of $17.8M, which increased by 143% compared to previous year. 95.67% of the compensation package, or $17.1M, was in stock awards.
Bryan T. Ingram, Senior Vice President and General Manager, Wireless Semiconductor Division, earned $13.7M in 2019, a 81% increase compared to previous year.
Mark D. Brazeal, Chief Legal Officer, received $13.6M in 2019, which increases by 133% compared to 2018.
Hock E. Tan, Chief Executive Officer, earned $2.4M in 2019, a 53% decrease compared to previous year.
Broadcom's fiscal year ends on November 3.