Nasdaq reports 2018 executive compensation
CEO Adena T. Friedman receives $14.4M
Nasdaq reported fiscal year 2018 executive compensation information on March 12, 2019.
In 2018, five Nasdaq executives received on average a compensation package of $6,200,674, a 13% increase compared to previous year.Average pay of disclosed executives at Nasdaq
Adena T. Friedman, Chief Executive Officer, received $14,366,397 in total, which decreased by 1% compared to 2017. 66.00% of Friedman's compensation, or $9,481,830, was in stock awards. Friedman also received $3,838,517 in non-equity incentive plan, $1,000,000 in salary, as well as $46,050 in other compensation.
For fiscal year 2018, the median employee pay was $111,155 at Nasdaq. Therefore, the ratio of Adena T. Friedman's pay to the median employee pay was 129 to one.
Bradley J. Peterson, EVP and Chief Information Officer, received a compensation package of $4,583,879, which increased by 34% compared to previous year. 53.19% of the compensation package, or $2,438,108, was in stock awards.
Michael Ptasznik, Chief Financial Officer, earned $4,352,992 in 2018, a 43% increase compared to previous year.
Thomas A. Wittman, EVP, Global Trading and Market Services, received $4,247,692 in 2018, which increases by 11% compared to 2017.
Edward S. Knight, EVP and Global Chief Legal and Policy Officer, earned $3,452,409 in 2018, a 22% increase compared to previous year.