Newgioco Group CEO Michele Ciavarella's 2019 pay falls 34% to $501.7K

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 $368.5K, a 65% increase compared to previous year.
Average pay of disclosed executives at Newgioco Group
Michele Ciavarella, Chief Executive Officer, received $501.7K in total, which decreased by 34% compared to 2018. 55.57% of Ciavarella's compensation, or $278.8K, was in salary. Ciavarella also received $139.4K in bonus and $83.5K in stock awards.
Alessandro Marcelli, Vice President of Operations, received a compensation package of $341.8K, which increased by 194% compared to previous year. 65.53% of the compensation package, or $224K, was in salary.
Luca Pasquini, Vice President of Technology and Director, earned $341.8K in 2019, a 194% increase compared to previous year.
Beniamino Gianfelici, Vice President Regulatory Affairs, received $341.8K in 2019, which increases by 194% compared to 2018.
Gabriele Peroni, Vice President Business Development, earned $341.8K in 2019, a 194% increase compared to previous year.
Franco Salvagni, Vice President Land, based Operations, received $341.8K 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.