Equinix CEO Charles Meyers' 2021 pay slips 10% to $23M
Equinix reports 2021 executive compensation
By ExecPay News
Published: April 12, 2022
Equinix reported fiscal year 2021 executive compensation information on April 12, 2022.
In 2021, six Equinix executives received on average a compensation package of $9.7M, a 13% decrease compared to previous year.
Average pay of disclosed executives at Equinix
Charles Meyers, Chief Executive Officer, received $23M in total, which decreased by 10% compared to 2020. 95% of Meyers' compensation, or $22M, was in stock awards. Meyers also received $256 in non-equity incentive plan, $1.1M in salary, as well as $47K in other compensation.
For fiscal year 2021, the median employee pay was $122,075 at Equinix. Therefore, the ratio of Charles Meyers' pay to the median employee pay was 190 to one.
Keith Taylor, Chief Financial Officer, received a compensation package of $8.7M, which decreased by 5% compared to previous year. 92% of the compensation package, or $8M, was in stock awards.
Karl Strohmeyer, Chief Customer & Revenue Officer, earned $8.2M in 2021, a 3% increase compared to previous year.
Brandi Galvin Morandi, Chief Legal & Human Resources Officer, received $6.8M in 2021, which increases by 5% compared to 2020.
Sara Baack, Former Chief Product Officer, earned $5.6M in 2021, a 13% decrease compared to previous year.
Mike Campbell, Chief Sales Officer, received $5.6M in 2021.
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Source: SEC filing on April 12, 2022.