Etsy COO Linda Kozlowski's 2018 pay jumps 517% to $8.5M
Etsy reports 2018 executive compensation
By ExecPay News
Published: April 18, 2019
Etsy reported fiscal year 2018 executive compensation information on April 18, 2019.
In 2018, five Etsy executives received on average a compensation package of $2.8M, a 38% decrease compared to previous year.
Average pay of disclosed executives at Etsy
Linda Kozlowski, Chief Operating Officer, received $8.5M in total, which increased by 517% compared to 2017. 57% of Kozlowski's compensation, or $4.8M, was in option awards. Kozlowski also received $350K in salary, $3.3M in stock awards, as well as $8.3K in other compensation.
For fiscal year 2018, the median employee pay was $173,680 at Etsy. Therefore, the ratio of Linda Kozlowski's pay to the median employee pay was 49 to one.
Rachel Glaser, Chief Financial Officer, received a compensation package of $2.2M, which decreased by 26% compared to previous year. 35% of the compensation package, or $787K, was in stock awards.
Jill Simeone, General Counsel, earned $1.8M in 2018, a 2% decrease compared to previous year.
Josh Silverman, Chief Executive Officer, received $1M in 2018, which decreases by 95% compared to 2017.
Mike Fisher, Chief Technology Officer, earned $693K in 2018, a 81% decrease compared to previous year.
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Source: SEC filing on April 18, 2019.