Gores Holdings CEO Andrew Callahan's 2019 pay rises 20% to $4.5M
Gores Holdings reports 2019 executive compensation
By ExecPay News
Published: April 24, 2020
Gores Holdings reported fiscal year 2019 executive compensation information on April 24, 2020.
In 2019, five executives at Gores Holdings received on average a compensation package of $2.1M, a 144% increase compared to previous year.
Average pay of disclosed executives at Gores Holdings
Andrew P. Callahan, Chief Executive Officer, received $4.5M in total, which increased by 20% compared to 2018. 50% of Callahan's compensation, or $2.3M, was in stock awards. Callahan also received $599K in non-equity incentive plan, $800K in option awards, $825K in salary, as well as $39K in other compensation.
Andrew Jacobs, Chief Operating Officer, received a compensation package of $2.2M, which increased by 395% compared to previous year. 50% of the compensation package, or $1.1M, was in stock awards.
Thomas A. Peterson, Chief Financial Officer, earned $1.7M in 2019, a 374% increase compared to previous year.
Jolyn J. Sebree, Secretary, received $998K in 2019, which increases by 180% compared to 2018.
Michael J. Cramer, Secretary, earned $857K in 2019, a 138% increase compared to previous year.
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Source: SEC filing on April 24, 2020.