Cloudflare CFO Thomas Seifert's 2021 pay jumps 645% to $4.8M
Cloudflare reports 2021 executive compensation
By ExecPay News
Published: April 21, 2022
Cloudflare reported fiscal year 2021 executive compensation information on April 21, 2022.
In 2021, four Cloudflare executives received on average a compensation package of $2.2M, a 329% increase compared to previous year.
Thomas Seifert, Chief Financial Officer, received $4.8M in total, which increased by 645% compared to 2020. 87% of Seifert's compensation, or $4.2M, was in stock awards. Seifert also received $650K in salary.
For fiscal year 2021, the median employee pay was $231,472 at Cloudflare. Therefore, the ratio of Thomas Seifert's pay to the median employee pay was 21 to one.
Douglas Kramer, General Counsel, received a compensation package of $3.2M, which increased by 476% compared to previous year. 83% of the compensation package, or $2.6M, was in stock awards.
Matthew Prince, Chief Executive Officer, earned $400K in 2021, a 8% decrease compared to previous year.
Michelle Zatlyn, Chief Operating Officer, received $400K in 2021, which decreases by 4% compared to 2020.