ChannelAdvisor CEO David Spitz's 2020 pay jumps 62% to $2.4M
ChannelAdvisor reports 2020 executive compensation
By ExecPay News
Published: March 22, 2021
ChannelAdvisor reported fiscal year 2020 executive compensation information on March 22, 2021.
In 2020, four executives at ChannelAdvisor received on average a compensation package of $1.4M, a 54% increase compared to previous year.
Average pay of disclosed executives at ChannelAdvisor
David J. Spitz, Chief Executive Officer, received $2.4M in total, which increased by 62% compared to 2019. 53% of Spitz's compensation, or $1.3M, was in stock awards. Spitz also received $732K in non-equity incentive plan, $411K in salary, as well as $8.4K in other compensation.
For fiscal year 2020, the median employee pay was $90,944 at ChannelAdvisor. Therefore, the ratio of David J. Spitz's pay to the median employee pay was 27 to one.
Diana S. Allen, General Counsel, received a compensation package of $1M, which increased by 17% compared to previous year. 48% of the compensation package, or $498K, was in stock awards.
Richard F. Cornetta, Chief Financial Officer, earned $1M in 2020, a 17% increase compared to previous year.
Elizabeth Segovia, Chief Operating Officer, received $971K in 2020, which decreases by 13% compared to 2019.
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Source: SEC filing on March 22, 2021.