Majesco CEO Adam Elster's 2020 pay slips 8% to $3.4M

Majesco reports 2020 executive compensation

By ExecPay News

Published: July 29, 2020

Majesco reported fiscal year 2020 executive compensation information on July 29, 2020.
In 2020, three Majesco executives received on average a compensation package of $1.5M, a 20% increase compared to previous year.
Average pay of disclosed executives at Majesco
Adam Elster, Chief Executive Officer, received $3.4M in total, which decreased by 8% compared to 2019. 73.42% of Elster's compensation, or $2.5M, was in stock awards. Elster also received $400K in non-equity incentive plan, $500K in salary, as well as $5K in other compensation.
Prateek Kumar Solanki, Executive Vice President, received a compensation package of $561.2K, which decreased by 1% compared to previous year. 53.46% of the compensation package, or $300K, was in salary.
James Miller, Chief Revenue Off, earned $528.8K in 2020, a 5% decrease compared to previous year.
Majesco's fiscal year ends on March 31.

Related executives

Adam Elster

Majesco

Chief Executive Officer

James Miller

Majesco

Chief Revenue Off

Prateek Solanki

Majesco

Executive Vice President

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Source: SEC filing on July 29, 2020.