ChannelAdvisor CEO David Spitz's 2021 pay rises 14% to $2.8M
ChannelAdvisor reports 2021 executive compensation
By ExecPay News
Published: March 28, 2022
ChannelAdvisor reported fiscal year 2021 executive compensation information on March 28, 2022.
In 2021, four executives at ChannelAdvisor received on average a compensation package of $1.5M, a 13% increase compared to previous year.
Average pay of disclosed executives at ChannelAdvisor
David J. Spitz, Chief Executive Officer, received $2.8M in total, which increased by 14% compared to 2020. 57% of Spitz's compensation, or $1.6M, was in stock awards. Spitz also received $778K in non-equity incentive plan, $429K in salary, as well as $8.4K in other compensation.
For fiscal year 2021, the median employee pay was $89,835 at ChannelAdvisor. Therefore, the ratio of David J. Spitz's pay to the median employee pay was 31 to one.
Elizabeth Segovia, Chief Operating Officer, received a compensation package of $1.5M, which increased by 50% compared to previous year. 54% of the compensation package, or $793K, was in stock awards.
Richard F. Cornetta, Chief Financial Officer, earned $1.1M in 2021, a 11% increase compared to previous year.
Diana S. Allen, General Counsel, received $791K in 2021, which decreases by 24% compared to 2020.
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Source: SEC filing on March 28, 2022.