Euronet Worldwide CEO Michael Brown's 2018 pay jumps 82% to $6.5M
Euronet Worldwide reports 2018 executive compensation
By ExecPay News
Published: April 12, 2019
Euronet Worldwide reported fiscal year 2018 executive compensation information on April 12, 2019.
In 2018, five executives at Euronet Worldwide received on average a compensation package of $3.2M, a 65% increase compared to previous year.
Average pay of disclosed executives at Euronet Worldwide
Michael J. Brown, Chief Executive Officer, received $6.5M in total, which increased by 67% compared to 2017. 40% of Brown's compensation, or $2.6M, was in non-equity incentive plan. Brown also received $1.5M in option awards, $850K in salary, $1.5M in stock awards, as well as $55K in other compensation.
For fiscal year 2018, the median employee pay was $32,673 at Euronet Worldwide. Therefore, the ratio of Michael J. Brown's pay to the median employee pay was 198 to one.
Rick L. Weller, Chief Financial Officer, received a compensation package of $3.5M, which increased by 108% compared to previous year. 33% of the compensation package, or $1.1M, was in option awards.
Nikos Fountas, Chief Executive Officer, earned $2.3M in 2018, a 57% increase compared to previous year.
Juan C. Bianchi, Chief Executive Officer, received $2M in 2018, which increases by 42% compared to 2017.
Kevin J. Caponecchi, Chief Executive Officer, earned $1.9M in 2018, a 40% increase compared to previous year.
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Source: SEC filing on April 12, 2019.