Dolby Laboratories CEO Kevin Yeaman's 2019 pay slips 10% to $7.4M
Dolby Laboratories reports 2019 executive compensation
By ExecPay News
Published: December 18, 2019
Dolby Laboratories reported fiscal year 2019 executive compensation information on December 18, 2019.
In 2019, five executives at Dolby Laboratories received on average a compensation package of $3.6M, a 12% decrease compared to previous year.
Average pay of disclosed executives at Dolby Laboratories
Kevin Yeaman, Chief Executive Officer, received $7.4M in total, which decreased by 10% compared to 2018. 44.70% of Yeaman's compensation, or $3.3M, was in option awards. Yeaman also received $645.8K in non-equity incentive plan, $818.1K in salary, $2.6M in stock awards, as well as $30.2K in other compensation.
For fiscal year 2019, the median employee pay was $130,998 at Dolby Laboratories. Therefore, the ratio of Kevin Yeaman's pay to the median employee pay was 56 to one.
Andy Sherman, General Counsel, received a compensation package of $2.7M, which decreased by 8% compared to previous year. 38.31% of the compensation package, or $1M, was in option awards.
Lewis Chew, Chief Financial Officer, earned $2.7M in 2019, a 8% decrease compared to previous year.
Giles Baker, Senior Vice President, Consumer Entertainment, received $2.6M in 2019, which decreases by 2% compared to 2018.
Todd Pendleton, Chief Marketing Officer, earned $2.4M in 2019, a 33% decrease compared to previous year.
Dolby Laboratories' fiscal year ends on September 27.
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Source: SEC filing on December 18, 2019.