ServiceNow CEO William McDermott's 2020 pay falls 40% to $25M
ServiceNow reports 2020 executive compensation
By ExecPay News
Published: April 26, 2021
ServiceNow reported fiscal year 2020 executive compensation information on April 26, 2021.
In 2020, six ServiceNow executives received on average a compensation package of $14M, a 16% decrease compared to previous year.
Average pay of disclosed executives at ServiceNow
William R. McDermott, Chief Executive Officer, received $25M in total, which decreased by 40% compared to 2019. 73% of McDermott's compensation, or $18M, was in stock awards. McDermott also received $1.8M in non-equity incentive plan, $1M in salary, as well as $3.9M in other compensation.
For fiscal year 2020, the median employee pay was $208,925 at ServiceNow. Therefore, the ratio of William R. McDermott's pay to the median employee pay was 120 to one.
Gina Mastantuono, Chief Financial Officer, received a compensation package of $17M. 91% of the compensation package, or $16M, was in stock awards.
Chirantan "CJ" Desai, Chief Product and Engineering Officer, earned $12M in 2020, a 16% increase compared to previous year.
David L. Schneider, President, Emeritus; Former President, Global Customer Operations, received $11M in 2020, which increases by 5% compared to 2019.
Kevin Haverty, Chief Revenue Officer, earned $10M in 2020.
Russell S. Elmer, General Counsel, received $6.4M in 2020.
Related executives
William McDermott
ServiceNow
Chief Executive Officer
Gina Mastantuono
ServiceNow
Chief Financial Officer
Chirantan Desai
ServiceNow
Chief Operating Officer
Kevin Haverty
ServiceNow
Chief Revenue Officer
Russell Elmer
ServiceNow
General Counsel
David Schneider
ServiceNow
President, Emeritus; Former President, Global Customer Operations
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Source: SEC filing on April 26, 2021.