F5 Networks CEO François Locoh-Donou's 2020 pay rises 15% to $11M
F5 Networks reports 2020 executive compensation
By ExecPay News
Published: January 27, 2021
F5 Networks reported fiscal year 2020 executive compensation information on January 27, 2021.
In 2020, five executives at F5 Networks received on average a compensation package of $4.9M, a 9% increase compared to previous year.
Average pay of disclosed executives at F5 Networks
François Locoh-Donou, Chief Executive Officer, received $11M in total, which increased by 15% compared to 2019. 82% of Locoh-Donou's compensation, or $8.9M, was in stock awards. Locoh-Donou also received $1.1M in non-equity incentive plan, $875K in salary, as well as $4.4K in other compensation.
For fiscal year 2020, the median employee pay was $199,130 at F5 Networks. Therefore, the ratio of François Locoh-Donou's pay to the median employee pay was 55 to one.
Tom Fountain, Executive VP of Global Services and Chief Strategy Officer, received a compensation package of $3.5M, which increased by 12% compared to previous year. 71% of the compensation package, or $2.5M, was in stock awards.
Scot F. Rogers, General Counsel, earned $3.4M in 2020, a 1% increase compared to previous year.
Chad Whalen, Executive VP of Worldwide Sales, received $3.3M in 2020.
Frank Pelzer, Chief Financial Officer, earned $3.3M in 2020, a 13% increase compared to previous year.
F5 Networks' fiscal year ends on September 30.
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Source: SEC filing on January 27, 2021.