SMART Global Holdings reports 2018 executive compensation

CEO Ajay Shah receives $16.1M

SMART Global Holdings reported fiscal year 2018 executive compensation information on December 14, 2018.

In 2018, six executives at SMART Global Holdings received on average a compensation package of $3,911,670, a 130% increase compared to previous year.

Average pay of disclosed executives at SMART Global Holdings

Ajay Shah, Chief Executive Officer, received $16,102,933 in total. 99.85% of Shah's compensation, or $16,078,883, was in option awards. Shah also received $23,665 in salary and $385 in other compensation.

Jack Pacheco, Chief Financial Officer, received a compensation package of $1,968,186, which decreased by 3% compared to previous year. 41.22% of the compensation package, or $811,364, was in non-equity incentive plan.

KiWan Kim, Senior Vice President, earned $1,797,897 in 2018, a 72% increase compared to previous year.

Iain MacKenzie, Chief Executive Officer, received $1,489,928 in 2018, which decreases by 47% compared to 2017.

Alan Marten, Senior Vice President, earned $1,094,912 in 2018, a 16% increase compared to previous year.

Memory Bruce Goldberg, Chief Legal Officer, received $1,016,163 in 2018.

SMART Global Holdings' fiscal year ends on August 31.