Q2 Holdings CEO Matthew Flake's 2021 pay jumps 48% to $7.9M
Q2 Holdings reports 2021 executive compensation
By ExecPay News
Published: April 21, 2022
Q2 Holdings reported fiscal year 2021 executive compensation information on April 21, 2022.
In 2021, five executives at Q2 Holdings received on average a compensation package of $3.4M, a 46% increase compared to previous year.
Average pay of disclosed executives at Q2 Holdings
Matthew P. Flake, Chief Executive Officer, received $7.9M in total, which increased by 48% compared to 2020. 86% of Flake's compensation, or $6.8M, was in stock awards. Flake also received $520K in non-equity incentive plan, $520K in salary, as well as $35K in other compensation.
For fiscal year 2021, the median employee pay was $125,624 at Q2 Holdings. Therefore, the ratio of Matthew P. Flake's pay to the median employee pay was 63 to one.
John E. Breeden, Chief Operating Officer, received a compensation package of $3.6M, which increased by 133% compared to previous year. 80% of the compensation package, or $2.9M, was in stock awards.
Michael A. Volanoski, Chief Revenue Officer, earned $2.7M in 2021.
David J. Mehok, Chief Financial Officer, received $1.5M in 2021, which decreases by 29% compared to 2020.
Jonathan A. Price, Executive Vice President, Emerging Businesses, Corporate & Business Development, earned $1.4M in 2021.
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Source: SEC filing on April 21, 2022.