Teradyne CEO Mark Jagiela's 2020 pay jumps 29% to $10M

Teradyne reports 2020 executive compensation

By ExecPay News

Published: March 26, 2021

Teradyne reported fiscal year 2020 executive compensation information on March 26, 2021.
In 2020, six Teradyne executives received on average a compensation package of $3.6M, a 5% decrease compared to previous year.
Average pay of disclosed executives at Teradyne
Mark E. Jagiela, Chief Executive Officer, received $10M in total, which increased by 29% compared to 2019. 61% of Jagiela's compensation, or $6.3M, was in stock awards. Jagiela also received $595K in bonus, $61K of change in pension value and nonqualified deferred compensation earnings, $1.8M in non-equity incentive plan, $650K in option awards, $955K in salary, as well as $66K in other compensation.
For fiscal year 2020, the median employee pay was $102,455 at Teradyne. Therefore, the ratio of Mark E. Jagiela's pay to the median employee pay was 101 to one.
Sanjay Mehta, Chief Financial Officer, received a compensation package of $3.1M, which decreased by 29% compared to previous year. 48% of the compensation package, or $1.5M, was in stock awards.
Bradford B. Robbins, President, Wireless Test, earned $2.5M in 2020, a 11% increase compared to previous year.
Gregory S. Smith, President, Industrial Automation, received $2.1M in 2020, which increases by 17% compared to 2019.
Charles J. Gray, General Counsel, earned $2M in 2020, a 17% increase compared to previous year.
Richard J. Burns, President, Semiconductor Test, received $1.5M in 2020.

Related executives

Mark Jagiela

Teradyne

Chief Executive Officer

Sanjay Mehta

Teradyne

Chief Financial Officer

Charles Gray

Teradyne

General Counsel

Richard Burns

Teradyne

President, Semiconductor Test

Gregory Smith

Teradyne

President, Industrial Automation

Bradford Robbins

Teradyne

President, Wireless Test

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Source: SEC filing on March 26, 2021.