Quantum CEO James Lerner's 2020 pay slips 8% to $2.1M
Quantum reports 2020 executive compensation
By ExecPay News
Published: July 2, 2020
Quantum reported fiscal year 2020 executive compensation information on July 2, 2020.
In 2020, five Quantum executives received on average a compensation package of $1.4M, a 131% increase compared to previous year.
James J. Lerner, Chief Executive Officer, received $2.1M in total, which decreased by 8% compared to 2019. 77.17% of Lerner's compensation, or $1.6M, was in stock awards. Lerner also received $475K in salary.
For fiscal year 2020, the median employee pay was $122,526 at Quantum. Therefore, the ratio of James J. Lerner's pay to the median employee pay was 17 to one.
J. Michael Dodson, Chief Financial Officer, received a compensation package of $2.1M, which increased by 90% compared to previous year. 77.47% of the compensation package, or $1.6M, was in stock awards.
Elizabeth P. King, Chief Revenue Officer, earned $1.6M in 2020.
Donald E. Martella Jr, Senior Vice President Engineering, received $783.2K in 2020, which increases by 122% compared to 2019.
Lewis W. Moorehead, Chief Accounting Officer, earned $680.3K in 2020, a 116% increase compared to previous year.
Quantum's fiscal year ends on March 31.