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.
Average pay of disclosed executives at Splunk
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.

Related executives

Douglas Merritt


Chief Executive Officer

Jason Child


Chief Financial Officer

Scott Morgan


Chief Legal Officer

Susan Ledger


Former President, Worldwide Field Operations

Timothy Tully


Chief Technology Officer

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Source: SEC filing on May 4, 2021.