SMARTSHEET CTO Praerit Garg receives $5.5M in 2020
SMARTSHEET reports 2020 executive compensation
By ExecPay News
Published: May 5, 2020
SMARTSHEET reported fiscal year 2020 executive compensation information on May 5, 2020.
In 2020, five SMARTSHEET executives received on average a compensation package of $3.9M, a 131% increase compared to previous year.
Praerit Garg, Chief Technology Officer, received $5.5M in total. 49% of Garg's compensation, or $2.7M, was in stock awards. Garg also received $175K in non-equity incentive plan, $2.3M in option awards, as well as $350K in salary.
Mark P. Mader, Chief Executive Officer, received a compensation package of $5.4M, which increased by 230% compared to previous year. 45% of the compensation package, or $2.4M, was in stock awards.
Anna Griffin, Chief Marketing Officer, earned $4.1M in 2020.
Michael Arntz, Chief Revenue Officer and Executive Vice President of Worldwide Field Operations, received $2.1M in 2020, which increases by 177% compared to 2019.
Jennifer E. Ceran, Chief Financial Officer, earned $2.1M in 2020.
SMARTSHEET's fiscal year ends on January 31.