Nevro General Counsel Kashif Rashid receives $1.9M in 2018

Nevro reports 2018 executive compensation

By ExecPay News

Published: April 10, 2019

Nevro reported fiscal year 2018 executive compensation information on April 10, 2019.
In 2018, five Nevro executives received on average a compensation package of $1.2M, a 71% decrease compared to previous year.
Average pay of disclosed executives at Nevro
Kashif Rashid, General Counsel, received $1.9M in total. 37% of Rashid's compensation, or $687K, was in stock awards. Rashid also received $147K in non-equity incentive plan, $677K in option awards, $350K in salary, as well as $5K in other compensation.
For fiscal year 2018, the median employee pay was $189,044 at Nevro. Therefore, the ratio of Kashif Rashid's pay to the median employee pay was 10 to one.
Rami Elghandour, Chief Executive Officer, received a compensation package of $1.3M, which decreased by 90% compared to previous year. 54% of the compensation package, or $700K, was in salary.
Doug Alleavitch, Vice President, Quality, earned $1.2M in 2018, a 22% decrease compared to previous year.
Patrick Schmitz, Vice President, Operations, received $1.2M in 2018, which decreases by 22% compared to 2017.
Andrew H. Galligan, Chief Financial Officer, earned $693K in 2018, a 75% decrease compared to previous year.

Related executives

Rami Elghandour

Nevro

Chief Executive Officer

Andrew Galligan

Nevro

Chief Financial Officer

Doug Alleavitch

Nevro

Vice President, Quality

Kashif Rashid

Nevro

General Counsel

Patrick Schmitz

Nevro

Vice President, Operations

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Source: SEC filing on April 10, 2019.