EVERBRIDGE CEO David Meredith's 2020 pay falls 64% to $7.4M
EVERBRIDGE reports 2020 executive compensation
By ExecPay News
Published: April 7, 2021
EVERBRIDGE reported fiscal year 2020 executive compensation information on April 7, 2021.
In 2020, five EVERBRIDGE executives received on average a compensation package of $4.4M, a 21% decrease compared to previous year.
Average pay of disclosed executives at EVERBRIDGE
David Meredith, Chief Executive Officer, received $7.4M in total, which decreased by 64% compared to 2019. 88% of Meredith's compensation, or $6.6M, was in stock awards. Meredith also received $385K in non-equity incentive plan, $475K in salary, as well as $866 in other compensation.
For fiscal year 2020, the median employee pay was $89,831 at EVERBRIDGE. Therefore, the ratio of David Meredith's pay to the median employee pay was 83 to one.
Jaime Ellertson, Chairman, received a compensation package of $6.8M, which increased by 891% compared to previous year. 89% of the compensation package, or $6M, was in stock awards.
Ajay Nigam, Chief Technology Officer, earned $5.6M in 2020.
Vernon Irvin, Chief Revenue Officer, received $1.2M in 2020, which decreases by 83% compared to 2019.
Patrick Brickley, Chief Financial Officer, earned $925K in 2020, a 88% decrease compared to previous year.
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Source: SEC filing on April 7, 2021.