Proto Labs CEO Robert Bodor's 2021 pay jumps 201% to $3M

Proto Labs reports 2021 executive compensation

By ExecPay News

Published: July 19, 2022

Proto Labs reported fiscal year 2021 executive compensation information on July 19, 2022.
In 2021, seven Proto Labs executives received on average a compensation package of $1.3M, a 13% decrease compared to previous year.
Average pay of disclosed executives at Proto Labs
Robert Bodor, Chief Executive Officer, received $3M in total, which increased by 201% compared to 2020. 47% of Bodor's compensation, or $1.4M, was in stock awards. Bodor also received $282K in non-equity incentive plan, $825K in option awards, $473K in salary, as well as $11K in other compensation.
For fiscal year 2021, the median employee pay was $49,852 at Proto Labs. Therefore, the ratio of Robert Bodor's pay to the median employee pay was 61 to one.
John A. Way, Chief Financial Officer, received a compensation package of $1.7M, which increased by 27% compared to previous year. 65% of the compensation package, or $1.1M, was in stock awards.
Arthur R. Baker III, Chief Technology Officer, earned $1.7M in 2021, a 73% increase compared to previous year.
Bjoern Klaas, Vice President and Managing Director - Europe, Middle East and Africa, received $1.1M in 2021, which increases by 41% compared to 2020.
Michael R. Kenison, Vice President/General Manager - Americas, earned $780K in 2021.
Daniel Schumacher, Chief Financial Officer, received $653K in 2021.
Victoria M. Holt, Chief Executive Officer, earned $179K in 2021, a 95% decrease compared to previous year.

Related executives

Robert Bodor

Proto Labs

Chief Executive Officer

Daniel Schumacher

Proto Labs

Chief Financial Officer

Arthur Baker

Proto Labs

Chief Technology Officer

Michael Kenison

Proto Labs

Vice President/General Manager - Americas

Bjoern Klaas

Proto Labs

Vice President and Managing Director - Europe, Middle East and Africa

Victoria Holt

Proto Labs

Chief Executive Officer

John Way

Proto Labs

Chief Financial Officer

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Source: SEC filing on July 19, 2022.