Q2 Holdings CEO Matthew Flake's 2020 pay falls 31% to $5.3M
Q2 Holdings reports 2020 executive compensation
By ExecPay News
Published: April 29, 2021
Q2 Holdings reported fiscal year 2020 executive compensation information on April 29, 2021.
In 2020, six executives at Q2 Holdings received on average a compensation package of $2.3M, a 28% decrease compared to previous year.
Average pay of disclosed executives at Q2 Holdings
Matthew P. Flake, Chief Executive Officer, received $5.3M in total, which decreased by 31% compared to 2019. 84% of Flake's compensation, or $4.5M, was in stock awards. Flake also received $295K in non-equity incentive plan, $520K in salary, as well as $20K in other compensation.
For fiscal year 2020, the median employee pay was $140,938 at Q2 Holdings. Therefore, the ratio of Matthew P. Flake's pay to the median employee pay was 38 to one.
David J. Mehok, Chief Financial Officer, received a compensation package of $2.1M. 96% of the compensation package, or $2M, was in stock awards.
Adam D. Blue, Chief Technology Officer, earned $1.8M in 2020, a 13% decrease compared to previous year.
William M. Furrer, Chief Strategy Officer, received $1.8M in 2020, which decreases by 13% compared to 2019.
John E. Breeden, Chief Operating Officer, earned $1.5M in 2020.
Jennifer N. Harris, Chief Financial Officer, received $1.5M in 2020, which decreases by 36% compared to 2019.
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Source: SEC filing on April 29, 2021.