SYNNEX CEO Richard Hume's 2022 pay falls 21% to $7.5M
SYNNEX reports 2022 executive compensation
By ExecPay News
Published: February 6, 2023
SYNNEX reported fiscal year 2022 executive compensation information on February 6, 2023.
In 2022, five SYNNEX executives received on average a compensation package of $4M, a 44% decrease compared to previous year.
Average pay of disclosed executives at SYNNEX
Richard Hume, Chief Executive Officer, received $7.5M in total, which decreased by 21% compared to 2021. 30% of Hume's compensation, or $2.2M, was in stock awards. Hume also received $2.2M in non-equity incentive plan, $2.1M in option awards, $960K in salary, as well as $9.2K in other compensation.
For fiscal year 2022, the median employee pay was $48,576 at SYNNEX. Therefore, the ratio of Richard Hume's pay to the median employee pay was 154 to one.
Dennis Polk, Executive Chair, received a compensation package of $4.2M, which decreased by 75% compared to previous year. 47% of the compensation package, or $2M, was in non-equity incentive plan.
Michael Urban, President, the Americas, earned $3.1M in 2022, a 42% decrease compared to previous year.
Patrick Zammit, President, Europe and APJ, received $2.8M in 2022, which increases by 19% compared to 2021.
Marshall Witt, Chief Financial Officer, earned $2.3M in 2022, a 53% decrease compared to previous year.
SYNNEX's fiscal year ends on November 30.
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Source: SEC filing on February 6, 2023.