Q2 Holdings CEO Matthew Flake's 2018 pay slips 15% to $5.2M
Q2 Holdings reports 2018 executive compensation
By ExecPay News
Published: April 29, 2019
Q2 Holdings reported fiscal year 2018 executive compensation information on April 29, 2019.
In 2018, five executives at Q2 Holdings received on average a compensation package of $2.7M, a 2% increase compared to previous year.
Average pay of disclosed executives at Q2 Holdings
Matthew P. Flake, Chief Executive Officer, received $5.2M in total, which decreased by 15% compared to 2017. 80% of Flake's compensation, or $4.1M, was in stock awards. Flake also received $536K in non-equity incentive plan, $520K in salary, as well as $14K in other compensation.
For fiscal year 2018, the median employee pay was $123,555 at Q2 Holdings. Therefore, the ratio of Matthew P. Flake's pay to the median employee pay was 42 to one.
Odus E. Wittenburg, Jr, President, received a compensation package of $2.5M, which increased by 52% compared to previous year. 66% of the compensation package, or $1.6M, was in stock awards.
Jennifer N. Harris, Chief Financial Officer, earned $2.3M in 2018, a 8% increase compared to previous year.
Adam D. Blue, Chief Technology Officer, received $1.8M in 2018, which decreases by 4% compared to 2017.
William M. Furrer, Chief Strategy Officer, earned $1.7M in 2018, a 3% decrease compared to previous year.
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Source: SEC filing on April 29, 2019.