Cerner CEO Brent Shafer's 2019 pay jumps 30% to $13M
Cerner reports 2019 executive compensation
By ExecPay News
Published: April 7, 2020
Cerner reported fiscal year 2019 executive compensation information on April 7, 2020.
In 2019, six Cerner executives received on average a compensation package of $6.3M, a 36% increase compared to previous year.
Average pay of disclosed executives at Cerner
Brent Shafer, Chief Executive Officer, received $13M in total, which increased by 30% compared to 2018. 81% of Shafer's compensation, or $10M, was in stock awards. Shafer also received $1.2M in non-equity incentive plan, $800K in salary, as well as $275K in other compensation.
For fiscal year 2019, the median employee pay was $69,830 at Cerner. Therefore, the ratio of Brent Shafer's pay to the median employee pay was 180 to one.
Donald D. Trigg, Executive Vice President, Strategic Growth, received a compensation package of $6.7M. 80% of the compensation package, or $5.3M, was in stock awards.
Michael R. Nill, Chief Operating Officer, earned $5.4M in 2019, a 24% increase compared to previous year.
Jeffrey A. Townsend, Former Executive Vice President and Chief of Innovation, received $4.9M in 2019, which increases by 11% compared to 2018.
John T. Peterzalek, Executive Vice President and Chief Client Officer, earned $4.4M in 2019, a 4% decrease compared to previous year.
Marc G. Naughton, Chief Financial Officer, received $4.2M in 2019, which increases by 25% compared to 2018.
Related executives
Brent Shafer
Cerner
Chief Executive Officer
Marc Naughton
Cerner
Chief Financial Officer
Michael Nill
Cerner
Chief Operating Officer
John Peterzalek
Cerner
Executive Vice President and Chief Client Officer
Jeffrey Townsend
Cerner
Former Executive Vice President and Chief of Innovation
Donald Trigg
Cerner
Executive Vice President, Strategic Growth
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Source: SEC filing on April 7, 2020.