Elastic N.V. CEO Shay Banon's 2021 pay jumps 94% to $11M
Elastic N.V. reports 2021 executive compensation
By ExecPay News
Published: February 9, 2022
Elastic N.V. reported fiscal year 2021 executive compensation information on February 9, 2022.
In 2021, five executives at Elastic N.V. received on average a compensation package of $7.4M, a 162% increase compared to previous year.
Average pay of disclosed executives at Elastic N.V.
Shay Banon, Chief Executive Officer, received $11M in total, which increased by 94% compared to 2020. 49% of Banon's compensation, or $5.2M, was in option awards. Banon also received $292K in non-equity incentive plan, $388K in salary, $4.6M in stock awards, as well as $66K in other compensation.
Ashutosh Kulkarni, Chief Product Officer, received a compensation package of $10M. 62% of the compensation package, or $6.5M, was in stock awards.
Paul Appleby, President, Worldwide Field Operations, earned $9.2M in 2021.
Janesh Moorjani, Chief Financial Officer, received $4.6M in 2021, which increases by 12% compared to 2020.
W.H. Baird Garrett, General Counsel, earned $2.4M in 2021, a 491% increase compared to previous year.
Elastic N.V.'s fiscal year ends on April 30.
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Source: SEC filing on February 9, 2022.