Splunk CEO Douglas Merritt's 2019 pay jumps 47% to $14M
Splunk reports 2019 executive compensation
By ExecPay News
Published: April 30, 2019
Splunk reported fiscal year 2019 executive compensation information on April 30, 2019.
In 2019, five Splunk executives received on average a compensation package of $7.8M, a 13% increase compared to previous year.
Average pay of disclosed executives at Splunk
Douglas Merritt, Chief Executive Officer, received $14M in total, which increased by 47% compared to 2018. 83% of Merritt's compensation, or $11M, was in stock awards. Merritt also received $1.6M in non-equity incentive plan, $650K in salary, as well as $56K in other compensation.
For fiscal year 2019, the median employee pay was $261,231 at Splunk. Therefore, the ratio of Douglas Merritt's pay to the median employee pay was 52 to one.
Susan St. Ledger, President, Worldwide Field Operations, received a compensation package of $9.1M, which decreased by 28% compared to previous year. 80% of the compensation package, or $7.2M, was in stock awards.
Timothy Tully, Chief Technology Officer, earned $6.2M in 2019.
David F. Conte, Chief Financial Officer, received $5.2M in 2019, which increases by 7% compared to 2018.
Leonard R. Stein, Senior Vice President, Global Affairs, earned $5M in 2019, a 47% increase compared to previous year.
Splunk's fiscal year ends on January 31.
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Source: SEC filing on April 30, 2019.