Markit CEO Lance Uggla's 2018 pay jumps 30% to $11M
Markit reports 2018 executive compensation
By ExecPay News
Published: February 27, 2019
Markit reported fiscal year 2018 executive compensation information on February 27, 2019.
In 2018, seven Markit executives received on average a compensation package of $4.4M, a 41% decrease compared to previous year.
Average pay of disclosed executives at Markit
Lance Uggla, Chief Executive Officer, received $11M in total, which increased by 30% compared to 2017. 72% of Uggla's compensation, or $8M, was in stock awards. Uggla also received $1.9M in non-equity incentive plan, $1.2M in salary, as well as $65K in other compensation.
For fiscal year 2018, the median employee pay was $87,721 at Markit. Therefore, the ratio of Lance Uggla's pay to the median employee pay was 128 to one.
Daniel Yergin, Chairman, received a compensation package of $8M. 87% of the compensation package, or $6.9M, was in stock awards.
Todd Hyatt, Chief Financial Officer, earned $4M in 2018, a 58% decrease compared to previous year.
Jonathan Gear, Exec. Vice Pres., President of Resources, Transportation & CMS, received $2.9M in 2018, which decreases by 69% compared to 2017.
Adam Kansler, Exec. Vice Pres., President of Financial Services, earned $2.6M in 2018, a 64% decrease compared to previous year.
Sari Granat, Exec. Vice Pres Chief Admin Officer and Gen. Counsel, received $1.9M in 2018, which increases by 28% compared to 2017.
Jerre Stead, Chief Executive Officer, earned $187K in 2018, a 98% decrease compared to previous year.
Markit's fiscal year ends on November 30.
Related executives
Lance Uggla
Markit
Chief Executive Officer
Todd Hyatt
Markit
Chief Executive Officer
Jonathan Gear
Markit
Chief Financial Officer
Adam Kansler
Markit
Exec. Vice Pres., President of Financial Services
Sari Granat
Markit
Exec. Vice Pres., Chief Admin Officer and Gen. Counsel
Daniel Yergin
Markit
Chairman
Jerre Stead
Markit
Chief Executive Officer
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Source: SEC filing on February 27, 2019.