FARO Technologies CEO Simon Raab's 2018 pay rises 10% to $2.7M
FARO Technologies reports 2018 executive compensation
By ExecPay News
Published: April 17, 2019
FARO Technologies reported fiscal year 2018 executive compensation information on April 17, 2019.
In 2018, six executives at FARO Technologies received on average a compensation package of $1.1M, a 2% increase compared to previous year.
Average pay of disclosed executives at FARO Technologies
Simon Raab, Chief Executive Officer, received $2.7M in total, which increased by 10% compared to 2017. 68% of Raab's compensation, or $1.8M, was in option awards. Raab also received $89K in non-equity incentive plan, $771K in salary, as well as $7K in other compensation.
For fiscal year 2018, the median employee pay was $54,068 at FARO Technologies. Therefore, the ratio of Simon Raab's pay to the median employee pay was 50 to one.
Joseph Arezone, Former Chief Commercial Officer, received a compensation package of $1.3M, which increased by 40% compared to previous year. 51% of the compensation package, or $643K, was in option awards.
Kathleen J. Hall, Chief Operating Officer, earned $955K in 2018, a 4% increase compared to previous year.
Jody S. Gale, General Counsel, received $679K in 2018, which decreases by 2% compared to 2017.
Robert E. Seidel, Chief Financial Officer, earned $616K in 2018, a 21% increase compared to previous year.
Katrona Tyrrell, Chief People Officer, received $524K in 2018.
Related executives
Joseph Arezone
FARO Technologies
Former Chief Commercial Officer
Simon Raab
FARO Technologies
Chief Executive Officer
Robert Seidel
FARO Technologies
Chief Financial Officer
Kathleen Hall
FARO Technologies
Chief Operating Officer
Jody Gale
FARO Technologies
General Counsel
Katrona Tyrrell
FARO Technologies
Former Chief People Officer
You may also like
Source: SEC filing on April 17, 2019.