Newgioco Group CEO Michele Ciavarella's 2019 pay falls 34% to $502K
Newgioco Group reports 2019 executive compensation
By ExecPay News
Published: October 16, 2020
Newgioco Group reported fiscal year 2019 executive compensation information on October 16, 2020.
In 2019, six executives at Newgioco Group received on average a compensation package of $368K, a 65% increase compared to previous year.
Average pay of disclosed executives at Newgioco Group
Michele Ciavarella, Chief Executive Officer, received $502K in total, which decreased by 34% compared to 2018. 56% of Ciavarella's compensation, or $279K, was in salary. Ciavarella also received $139K in bonus and $84K in stock awards.
Alessandro Marcelli, Vice President of Operations, received a compensation package of $342K, which increased by 194% compared to previous year. 66% of the compensation package, or $224K, was in salary.
Luca Pasquini, Vice President of Technology and Director, earned $342K in 2019, a 194% increase compared to previous year.
Beniamino Gianfelici, Vice President Regulatory Affairs, received $342K in 2019, which increases by 194% compared to 2018.
Gabriele Peroni, Vice President Business Development, earned $342K in 2019, a 194% increase compared to previous year.
Franco Salvagni, Vice President Land, based Operations, received $342K in 2019, which increases by 194% compared to 2018.
Related executives
Michele Ciavarella
Newgioco Group
Chief Executive Officer
Alessandro Marcelli
Newgioco Group
Vice President of Operations
Luca Pasquini
Newgioco Group
Vice President of Technology and Director
Beniamino Gianfelici
Newgioco Group
Vice President Regulatory Affairs
Gabriele Peroni
Newgioco Group
Vice President Business Development
Franco Salvagni
Newgioco Group
Vice President Land, based Operations
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Source: SEC filing on October 16, 2020.