Mitek Systems CEO Scipio Carnecchia's 2021 pay jumps 158% to $3.5M
Mitek Systems reports 2021 executive compensation
By ExecPay News
Published: January 25, 2022
Mitek Systems reported fiscal year 2021 executive compensation information on January 25, 2022.
In 2021, six executives at Mitek Systems received on average a compensation package of $1.4M, a 51% increase compared to previous year.
Average pay of disclosed executives at Mitek Systems
Scipio Maximus Carnecchia, Chief Executive Officer, received $3.5M in total, which increased by 158% compared to 2020. 66% of Carnecchia's compensation, or $2.3M, was in stock awards. Carnecchia also received $725K in non-equity incentive plan, $450K in salary, as well as $2.6K in other compensation.
For fiscal year 2021, the median employee pay was $99,668 at Mitek Systems. Therefore, the ratio of Scipio Maximus Carnecchia's pay to the median employee pay was 35 to one.
Frank Teruel, Chief Financial Officer, received a compensation package of $1.3M. 90% of the compensation package, or $1.2M, was in stock awards.
Jason L. Gray, Chief Legal Officer, earned $938K in 2021, a 20% increase compared to previous year.
Stephen J. Ritter, Chief Technology Officer, received $932K in 2021, which increases by 31% compared to 2020.
Michael E. Diamond, General Manager, earned $877K in 2021, a 1% increase compared to previous year.
Jeffrey C. Davison, Chief Financial Officer, received $787K in 2021, which decreases by 12% compared to 2020.
Mitek Systems' fiscal year ends on September 30.
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Source: SEC filing on January 25, 2022.