Splunk CEO Douglas Merritt's 2021 pay jumps 74% to $27M
Splunk reports 2021 executive compensation
By ExecPay News
Published: May 4, 2021
Splunk reported fiscal year 2021 executive compensation information on May 4, 2021.
In 2021, five Splunk executives received on average a compensation package of $14M, a 42% increase compared to previous year.
Douglas Merritt, Chief Executive Officer, received $27M in total, which increased by 74% compared to 2020. 93% of Merritt's compensation, or $25M, was in stock awards. Merritt also received $1.1M in non-equity incentive plan, $850K in salary, as well as $50K in other compensation.
For fiscal year 2021, the median employee pay was $251,207 at Splunk. Therefore, the ratio of Douglas Merritt's pay to the median employee pay was 109 to one.
Susan St. Ledger, Former President, Worldwide Field Operations, received a compensation package of $12M, which increased by 33% compared to previous year. 92% of the compensation package, or $11M, was in stock awards.
Jason Child, Chief Financial Officer, earned $12M in 2021, a 33% decrease compared to previous year.
Timothy Tully, Chief Technology Officer, received $12M in 2021, which increases by 32% compared to 2020.
Scott Morgan, Chief Legal Officer, earned $7.6M in 2021, a 18% increase compared to previous year.
Splunk's fiscal year ends on January 31.