RingCentral COO Anand Eswaran's 2021 pay jumps 147% to $47M
RingCentral reports 2021 executive compensation
By ExecPay News
Published: November 18, 2022
RingCentral reported fiscal year 2021 executive compensation information on November 18, 2022.
In 2021, five executives at RingCentral received on average a compensation package of $23M, a 100% increase compared to previous year.
Average pay of disclosed executives at RingCentral
Anand Eswaran, Chief Operating Officer, received $47M in total, which increased by 147% compared to 2020. 98% of Eswaran's compensation, or $46M, was in stock awards. Eswaran also received $521K in non-equity incentive plan, $310K in salary, as well as $828 in other compensation.
For fiscal year 2021, the median employee pay was $163,350 at RingCentral. Therefore, the ratio of Anand Eswaran's pay to the median employee pay was 285 to one.
Mitesh Dhruv, Chief Financial Officer, received a compensation package of $29M, which increased by 189% compared to previous year. 97% of the compensation package, or $28M, was in stock awards.
Vladimir Shmunis, Chief Executive Officer, earned $19M in 2021, a 1% increase compared to previous year.
John Marlow, Chief Administrative Officer, received $13M in 2021, which increases by 73% compared to 2020.
Praful Shah, Former Chief Strategy Officer, earned $10M in 2021, a 200% increase compared to previous year.
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Source: SEC filing on November 18, 2022.