Proofpoint CEO Gary Steele's 2018 pay jumps 892% to $65M
Proofpoint reports 2018 executive compensation
By ExecPay News
Published: April 17, 2019
Proofpoint reported fiscal year 2018 executive compensation information on April 17, 2019.
In 2018, seven Proofpoint executives received on average a compensation package of $16M, a 446% increase compared to previous year.
Average pay of disclosed executives at Proofpoint
Gary Steele, Chief Executive Officer, received $65M in total, which increased by 892% compared to 2017. 98% of Steele's compensation, or $63M, was in stock awards. Steele also received $754K in non-equity incentive plan, $497K in salary, as well as $2.4K in other compensation.
For fiscal year 2018, the median employee pay was $138,666 at Proofpoint. Therefore, the ratio of Gary Steele's pay to the median employee pay was 467 to one.
Klaus Oestermann, Chief Operating Officer, received a compensation package of $21M. 96% of the compensation package, or $20M, was in stock awards.
Paul Auvil, Chief Financial Officer, earned $11M in 2018, a 247% increase compared to previous year.
Blake Sall, Executive Vice President, Worldwide Sales, received $4.8M in 2018.
David Knight, Executive Vice President and General Manager, Security Products, earned $4.6M in 2018, a 130% increase compared to previous year.
Tracy Newell, Former Executive Vice President, Global Field Operations, received $4.1M in 2018, which increases by 47% compared to 2017.
Bhagwat Swaroop, Executive Vice President, Industry Solutions and Business Development, earned $2.6M in 2018, a 69% increase compared to previous year.
Related executives
Gary Steele
Proofpoint
Chief Executive Officer
Paul Auvil
Proofpoint
Chief Financial Officer
David Knight
Proofpoint
Executive Vice President and General Manager, Security Products
Blake Sall
Proofpoint
Executive Vice President, Worldwide Sales
Bhagwat Swaroop
Proofpoint
Executive Vice President, Industry Solutions and Business Development
Tracy Newell
Proofpoint
Former Executive Vice President, Global Field Operations
Klaus Oestermann
Proofpoint
Chief Operating Officer
You may also like
Source: SEC filing on April 17, 2019.