Kratos Defense & Security Solutions CEO Eric DeMarco's 2020 pay jumps 45% to $8.2M

Kratos Defense & Security Solutions reports 2020 executive compensation

By ExecPay News

Published: April 9, 2021

Kratos Defense & Security Solutions reported fiscal year 2020 executive compensation information on April 9, 2021.

In 2020, five executives at Kratos Defense & Security Solutions received on average a compensation package of $3.8M, a 43% increase compared to previous year.

Average pay of disclosed executives at Kratos Defense & Security Solutions

Eric DeMarco, Chief Executive Officer, received $8.2M in total, which increased by 45% compared to 2019. 81% of DeMarco's compensation, or $6.6M, was in stock awards. DeMarco also received $743K in bonus, $760K in salary, as well as $97K in other compensation.

For fiscal year 2020, the median employee pay was $62,783 at Kratos Defense & Security Solutions. Therefore, the ratio of Eric DeMarco's pay to the median employee pay was 131 to one.

Deanna Lund, Chief Financial Officer, received a compensation package of $3.9M, which increased by 35% compared to previous year. 78% of the compensation package, or $3.1M, was in stock awards.

Steven Fendley, President, Unmanned Systems Division, earned $2.9M in 2020, a 79% increase compared to previous year.

Phillip Carrai, President, Space, Training Cyber Solutions Division, received $2.8M in 2020, which increases by 31% compared to 2019.

Jonah Adelman, President, Microwave Electronics Division, earned $1.2M in 2020, a 16% increase compared to previous year.

Kratos Defense & Security Solutions' fiscal year ends on December 29.