Shutterstock CEO Jonathan Oringer's 2019 pay jumps 695,600% to $4.6M
Shutterstock reports 2019 executive compensation
By ExecPay News
Published: April 24, 2020
Shutterstock reported fiscal year 2019 executive compensation information on April 24, 2020.
In 2019, seven executives at Shutterstock received on average a compensation package of $2.5M, a 43% increase compared to previous year.
Average pay of disclosed executives at Shutterstock
Jonathan Oringer, Chief Executive Officer, received $4.6M in total, which increased by 695,600% compared to 2018. 100% of Oringer's compensation, or $4.6M, was in stock awards. Oringer also received $1 in salary and $1.1K in other compensation.
For fiscal year 2019, the median employee pay was $108,148 at Shutterstock. Therefore, the ratio of Jonathan Oringer's pay to the median employee pay was 43 to one.
Stan Pavlovsky, Chief Operating Officer, received a compensation package of $4.6M. 50% of the compensation package, or $2.3M, was in stock awards.
Steven Berns, Chief Financial Officer, earned $3.4M in 2019, a 32% increase compared to previous year.
Lisa Nadler, Chief Human Resources Officer, received $1.7M in 2019, which decreases by 14% compared to 2018.
Lou Weiss, Chief Marketing Officer, earned $1.6M in 2019, a 19% decrease compared to previous year.
Steven Ciardiello, Chief Accounting Officer, received $1.6M in 2019.
Jarrod Yahes, Chief Financial Officer, earned $50K in 2019.
Related executives
Jonathan Oringer
Shutterstock
Chairman
Steven Berns
Shutterstock
Chief Financial Officer
Steven Ciardiello
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Chief Accounting Officer
Jarrod Yahes
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Chief Financial Officer
Stan Pavlovsky
Shutterstock
Chief Executive Officer
Lisa Nadler
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Chief Human Resources Officer
Lou Weiss
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Chief Marketing Officer
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Source: SEC filing on April 24, 2020.