Model N CEO Jason Blessing's 2019 pay falls 47% to $3M
Model N reports 2019 executive compensation
By ExecPay News
Published: January 2, 2020
Model N reported fiscal year 2019 executive compensation information on January 2, 2020.
In 2019, seven Model N executives received on average a compensation package of $1.3M, a 62% decrease compared to previous year.
Average pay of disclosed executives at Model N
Jason Blessing, Chief Executive Officer, received $3M in total, which decreased by 47% compared to 2018. 59% of Blessing's compensation, or $1.8M, was in stock awards. Blessing also received $708K in non-equity incentive plan, $485K in salary, as well as $38K in other compensation.
For fiscal year 2019, the median employee pay was $87,219 at Model N. Therefore, the ratio of Jason Blessing's pay to the median employee pay was 35 to one.
Chris Lyon, Senior Vice President and Chief Revenue Officer, received a compensation package of $1.7M. 75% of the compensation package, or $1.3M, was in stock awards.
David Barter, Chief Financial Officer, earned $1.3M in 2019, a 18% increase compared to previous year.
Neeraj Gokhale, Former Senior Vice President and Chief Product Officer, received $1.1M in 2019, which increases by 32% compared to 2018.
Mark Anderson, Senior Vice President, Global Services, earned $840K in 2019, which is about the same as previous year.
Russell Mellott, Former Senior Vice President and Chief Revenue Officer, received $799K in 2019, which decreases by 22% compared to 2018.
Suresh Kannan, Senior Vice President and Chief Product Officer, earned $1.4K in 2019.
Model N's fiscal year ends on September 30.
Related executives
Jason Blessing
Model N
Chief Executive Officer
David Barter
Model N
Chief Financial Officer
Chris Lyon
Model N
Chief Revenue Officer
Suresh Kannan
Model N
Chief Product Officer
Mark Anderson
Model N
Chief Services Officer
Neeraj Gokhale
Model N
Former Senior Vice President and Chief Product Officer
Russell Mellott
Model N
Former Senior Vice President and Chief Revenue Officer
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Source: SEC filing on January 2, 2020.