Markit CEO Lance Uggla's 2020 pay rises 15% to $15M
Markit reports 2020 executive compensation
By ExecPay News
Published: March 25, 2021
Markit reported fiscal year 2020 executive compensation information on March 25, 2021.
In 2020, six Markit executives received on average a compensation package of $4.8M, a 6% decrease compared to previous year.
Average pay of disclosed executives at Markit
Lance Uggla, Chief Executive Officer, received $15M in total, which increased by 15% compared to 2019. 80% of Uggla's compensation, or $12M, was in stock awards. Uggla also received $2.1M in non-equity incentive plan, $925K in salary, as well as $25K in other compensation.
For fiscal year 2020, the median employee pay was $91,338 at Markit. Therefore, the ratio of Lance Uggla's pay to the median employee pay was 165 to one.
Adam Kansler, Exec. Vice Pres., President of Financial Services, received a compensation package of $3.4M, which increased by 24% compared to previous year. 68% of the compensation package, or $2.3M, was in stock awards.
Jonathan Gear, Chief Financial Officer, earned $3.3M in 2020, a 13% increase compared to previous year.
Sari Granat, Exec. Vice Pres., Chief Admin Officer and Gen. Counsel, received $2.8M in 2020, which increases by 14% compared to 2019.
Todd Hyatt, Chief Executive Officer, earned $2.6M in 2020, a 39% decrease compared to previous year.
Brian Crotty, Exec. Vice Pres., Global Energy and Natural Resources, received $1.7M in 2020.
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
Brian Crotty
Markit
Exec. Vice Pres., Global Energy and Natural Resources
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Source: SEC filing on March 25, 2021.