Digi International CEO Ronald Konezny's 2019 pay rises 15% to $2M
Digi International reports 2019 executive compensation
By ExecPay News
Published: December 20, 2019
Digi International reported fiscal year 2019 executive compensation information on December 20, 2019.
In 2019, seven executives at Digi International received on average a compensation package of $954K, which is about the same as previous year.
Average pay of disclosed executives at Digi International
Ronald E. Konezny, Chief Executive Officer, received $2M in total, which increased by 15% compared to 2018. 28% of Konezny's compensation, or $559K, was in option awards. Konezny also received $465K in non-equity incentive plan, $465K in salary, $517K in stock awards, as well as $12K in other compensation.
For fiscal year 2019, the median employee pay was $103,210 at Digi International. Therefore, the ratio of Ronald E. Konezny's pay to the median employee pay was 20 to one.
James J. Loch, Chief Financial Officer, received a compensation package of $1.4M. 53% of the compensation package, or $738K, was in stock awards.
Kevin C. Riley, President, IoT Solutions, earned $1M in 2019, a 39% increase compared to previous year.
Michael A. Ueland, President IoT Products and Services, received $892K in 2019.
David H. Sampsell, General Counsel, earned $578K in 2019, a 5% decrease compared to previous year.
Gokul V. Hemmady, Chief Financial Officer, received $405K in 2019, which decreases by 74% compared to 2018.
Brian G. Ballenger, Vice President of Finance and Accounting, earned $347K in 2019.
Digi International's fiscal year ends on September 30.
Related executives
Ronald Konezny
Digi International
Chief Executive Officer
James Loch
Digi International
Chief Financial Officer
Michael Ueland
Digi International
Former President IoT Products and Services
Kevin Riley
Digi International
Former President of IoT Solutions
David Sampsell
Digi International
General Counsel
Gokul Hemmady
Digi International
Chief Financial Officer
Brian Ballenger
Digi International
Vice President of Finance and Accounting
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Source: SEC filing on December 20, 2019.