Mercadolibre CEO Marcos Galperin's 2019 pay jumps 32% to $11M
Mercadolibre reports 2019 executive compensation
By ExecPay News
Published: April 27, 2020
Mercadolibre reported fiscal year 2019 executive compensation information on April 27, 2020.
In 2019, five executives at Mercadolibre received on average a compensation package of $4.6M, a 34% increase compared to previous year.
Average pay of disclosed executives at Mercadolibre
Marcos Galperin, Chief Executive Officer, received $11M in total, which increased by 32% compared to 2018. 96% of Galperin's compensation, or $11M, was in non-equity incentive plan. Galperin also received $507K in salary.
For fiscal year 2019, the median employee pay was $17,383 at Mercadolibre. Therefore, the ratio of Marcos Galperin's pay to the median employee pay was 660 to one.
Daniel Rabinovich, Chief Operating Officer, received a compensation package of $2.9M, which increased by 49% compared to previous year. 89% of the compensation package, or $2.6M, was in non-equity incentive plan.
Stelleo Tolda, Chief Operating Officer, earned $2.9M in 2019, a 28% increase compared to previous year.
Osvaldo Giménez, Chief Executive Officer, received $2.8M in 2019, which increases by 42% compared to 2018.
Pedro Arnt, Chief Financial Officer, earned $2.8M in 2019, a 31% increase compared to previous year.
Related executives
You may also like
Source: SEC filing on April 27, 2020.