Teradyne CEO Mark Jagiela's 2019 pay rises 12% to $8M
Teradyne reports 2019 executive compensation
By ExecPay News
Published: March 27, 2020
Teradyne reported fiscal year 2019 executive compensation information on March 27, 2020.
In 2019, six Teradyne executives received on average a compensation package of $3.8M, a 39% increase compared to previous year.
Average pay of disclosed executives at Teradyne
Mark E. Jagiela, Chief Executive Officer, received $8M in total, which increased by 12% compared to 2018. 60% of Jagiela's compensation, or $4.8M, was in stock awards. Jagiela also received $364K in bonus, $67K of change in pension value and nonqualified deferred compensation earnings, $1.3M in non-equity incentive plan, $500K in option awards, $932K in salary, as well as $61K in other compensation.
For fiscal year 2019, the median employee pay was $97,185 at Teradyne. Therefore, the ratio of Mark E. Jagiela's pay to the median employee pay was 82 to one.
Gregory R. Beecher, Chief Financial Officer, received a compensation package of $4.6M, which increased by 51% compared to previous year. 66% of the compensation package, or $3M, was in stock awards.
Sanjay Mehta, Chief Financial Officer, earned $4.4M in 2019.
Bradford B. Robbins, President, Wireless Test, received $2.2M in 2019, which increases by 69% compared to 2018.
Gregory S. Smith, President, Semiconductor Test, earned $1.8M in 2019, a 1% increase compared to previous year.
Charles J. Gray, General Counsel, received $1.7M in 2019, which increases by 1% compared to 2018.
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Source: SEC filing on March 27, 2020.