PerkinElmer CEO Prahlad Singh's 2020 pay jumps 119% to $9M
PerkinElmer reports 2020 executive compensation
By ExecPay News
Published: March 10, 2021
PerkinElmer reported fiscal year 2020 executive compensation information on March 10, 2021.
In 2020, five executives at PerkinElmer received on average a compensation package of $4.2M, a 21% decrease compared to previous year.
Average pay of disclosed executives at PerkinElmer
Prahlad R. Singh, Chief Executive Officer, received $9M in total, which increased by 119% compared to 2019. 44% of Singh's compensation, or $3.9M, was in non-equity incentive plan. Singh also received $1M in option awards, $900K in salary, $3.1M in stock awards, as well as $14K in other compensation.
For fiscal year 2020, the median employee pay was $48,620 at PerkinElmer. Therefore, the ratio of Prahlad R. Singh's pay to the median employee pay was 185 to one.
James M. Mock, Chief Financial Officer, received a compensation package of $4.1M, which increased by 94% compared to previous year. 52% of the compensation package, or $2.1M, was in non-equity incentive plan.
Joel S. Goldberg, General Counsel, earned $3.6M in 2020, a 25% increase compared to previous year.
Daniel R. Tereau, Senior Vice President, Strategy and Business Development, received $2M in 2020.
Tajinder S. Vohra, Senior Vice President Global Operations, earned $2M in 2020.
PerkinElmer's fiscal year ends on December 29.
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Source: SEC filing on March 10, 2021.