Elastic N.V. CEO Ashutosh Kulkarni's 2022 pay jumps 72% to $18M

Elastic N.V. reports 2022 executive compensation

By ExecPay News

Published: August 26, 2022

Elastic N.V. reported fiscal year 2022 executive compensation information on August 26, 2022.
In 2022, five executives at Elastic N.V. received on average a compensation package of $8.1M, a 9% increase compared to previous year.
Average pay of disclosed executives at Elastic N.V.
Ashutosh Kulkarni, Chief Executive Officer, received $18M in total, which increased by 72% compared to 2021. 55% of Kulkarni's compensation, or $9.8M, was in option awards. Kulkarni also received $377K in non-equity incentive plan, $531K in salary, $7.1M in stock awards, as well as $20K in other compensation.
Janesh Moorjani, Chief Financial Officer, received a compensation package of $9M, which increased by 97% compared to previous year. 48% of the compensation package, or $4.4M, was in option awards.
Shay Banon, Chief Technology Officer, earned $7.9M in 2022, a 25% decrease compared to previous year.
Paul Appleby, Former President, Worldwide Field Operations, received $5.3M in 2022, which decreases by 43% compared to 2021.
W.H. Baird Garrett, General Counsel, earned $303K in 2022, a 87% decrease compared to previous year.
Elastic N.V.'s fiscal year ends on April 30.

Related executives

Ashutosh Kulkarni

Elastic N.V.

Chief Executive Officer

Janesh Moorjani

Elastic N.V.

Chief Financial Officer

Shay Banon

Elastic N.V.

Chief Technology Officer

Paul Appleby

Elastic N.V.

Former President, Worldwide Field Operations

WH Garrett

Elastic N.V.

General Counsel

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Source: SEC filing on August 26, 2022.