Model N reports 2018 executive compensation

CEO Zack Rinat receives $10.5M

Model N reported fiscal year 2018 executive compensation information on January 3, 2019.

In 2018, six Model N executives received on average a compensation package of $3,335,000, a 20% increase compared to previous year.

Average pay of disclosed executives at Model N

Zack Rinat, Chief Executive Officer, received $10,535,859 in total, which increased by 147% compared to 2017. 100.00% of Rinat's compensation, or $10,535,858, was in stock awards. Rinat also received $1 in salary.

Jason Blessing, Chief Executive Officer, received a compensation package of $5,688,581. 94.24% of the compensation package, or $5,360,678, was in stock awards.

David Barter, Chief Financial Officer, earned $1,102,990 in 2018, a 42% decrease compared to previous year.

Russell Mellott, Senior Vice President and Chief Revenue Officer, received $1,028,568 in 2018, which decreases by 53% compared to 2017.

Mark Anderson, Senior Vice President, Global Services, earned $841,818 in 2018.

Neeraj Gokhale, Senior Vice President and Chief Product Officer, received $812,185 in 2018.

Model N's fiscal year ends on September 30.