Q2 Holdings CEO Matthew Flake's 2019 pay jumps 48% to $7.7M
Q2 Holdings reports 2019 executive compensation
By ExecPay News
Published: April 28, 2020
Q2 Holdings reported fiscal year 2019 executive compensation information on April 28, 2020.
In 2019, five executives at Q2 Holdings received on average a compensation package of $3.2M, a 20% increase compared to previous year.
Average pay of disclosed executives at Q2 Holdings
Matthew P. Flake, Chief Executive Officer, received $7.7M in total, which increased by 48% compared to 2018. 90% of Flake's compensation, or $6.9M, was in stock awards. Flake also received $260K in non-equity incentive plan, $520K in salary, as well as $16K in other compensation.
For fiscal year 2019, the median employee pay was $107,123 at Q2 Holdings. Therefore, the ratio of Matthew P. Flake's pay to the median employee pay was 72 to one.
Jennifer N. Harris, Chief Financial Officer, received a compensation package of $2.3M, which increased by 2% compared to previous year. 77% of the compensation package, or $1.8M, was in stock awards.
Rekha D. Garapati, Executive Vice President, Products and Operations, earned $2.2M in 2019.
Adam D. Blue, Chief Technology Officer, received $2M in 2019, which increases by 14% compared to 2018.
William M. Furrer, Chief Strategy and Marketing Officer, earned $2M in 2019, a 15% increase compared to previous year.
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Source: SEC filing on April 28, 2020.