SYNNEX CEO Dennis Polk's 2021 pay jumps 471% to $17M
SYNNEX reports 2021 executive compensation
By ExecPay News
Published: February 1, 2022
SYNNEX reported fiscal year 2021 executive compensation information on February 1, 2022.
In 2021, seven SYNNEX executives received on average a compensation package of $7.1M, a 365% increase compared to previous year.
Average pay of disclosed executives at SYNNEX
Dennis Polk, Chief Executive Officer, received $17M in total, which increased by 471% compared to 2020. 56% of Polk's compensation, or $9.4M, was in stock awards. Polk also received $581K in bonus, $2.8M in non-equity incentive plan, $3.2M in option awards, $735K in salary, as well as $72K in other compensation.
Richard Hume, Chief Executive Officer, received a compensation package of $9.5M. 33% of the compensation package, or $3.1M, was in other compensation.
Peter Larocque, President, North American Technology Solutions, earned $7.1M in 2021, a 274% increase compared to previous year.
Michael Urban, President, the Americas, received $5.4M in 2021, which increases by 179% compared to 2020.
Marshall Witt, Chief Financial Officer, earned $5M in 2021, a 345% increase compared to previous year.
Simon Leung, Chief Business Officer, received $3.7M in 2021, which increases by 417% compared to 2020.
Patrick Zammit, President, Europe and APJ, earned $2.4M in 2021.
SYNNEX's fiscal year ends on November 30.
Related executives
Dennis Polk
SYNNEX
Executive Chair
Richard Hume
SYNNEX
Chief Executive Officer
Marshall Witt
SYNNEX
Chief Financial Officer
Michael Urban
SYNNEX
President, the Americas
Patrick Zammit
SYNNEX
President, Europe and APJ
Peter Larocque
SYNNEX
President, North American Technology Solutions
Simon Leung
SYNNEX
Chief Business Officer
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Source: SEC filing on February 1, 2022.