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.
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.
Chief Executive Officer
Vice President of Operations
Vice President of Technology and Director
Vice President Regulatory Affairs
Vice President Business Development