Elastic N.V. CEO Shay Banon's 2020 pay jumps 989% to $5.4M
Elastic N.V. reports 2020 executive compensation
By ExecPay News
Published: August 27, 2020
Elastic N.V. reported fiscal year 2020 executive compensation information on August 27, 2020.
In 2020, five executives at Elastic N.V. received on average a compensation package of $2.8M, a 469% increase compared to previous year.
Average pay of disclosed executives at Elastic N.V.
Shay Banon, Chief Executive Officer, received $5.4M in total, which increased by 989% compared to 2019. 89% of Banon's compensation, or $4.9M, was in option awards. Banon also received $197K in non-equity incentive plan and $375K in salary.
Janesh Moorjani, Chief Financial Officer, received a compensation package of $4.1M, which increased by 769% compared to previous year. 65% of the compensation package, or $2.7M, was in option awards.
Aaron Katz, Former Chief Revenue Officer, earned $2.4M in 2020, a 243% increase compared to previous year.
Kevin Kluge, Senior Vice President of Engineering, received $1.9M in 2020, which increases by 341% compared to 2019.
W.H. Baird Garrett, General Counsel, earned $400K in 2020, a 2% decrease compared to previous year.
Elastic N.V.'s fiscal year ends on April 30.
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Source: SEC filing on August 27, 2020.