Teradyne CEO Mark Jagiela's 2021 pay rises 6% to $11M
Teradyne reports 2021 executive compensation
By ExecPay News
Published: April 1, 2022
Teradyne reported fiscal year 2021 executive compensation information on April 1, 2022.
In 2021, five Teradyne executives received on average a compensation package of $4.2M, a 16% increase compared to previous year.
Average pay of disclosed executives at Teradyne
Mark E. Jagiela, Chief Executive Officer, received $11M in total, which increased by 6% compared to 2020. 57% of Jagiela's compensation, or $6.3M, was in stock awards. Jagiela also received $810K in bonus, $2.1M in non-equity incentive plan, $680K in option awards, $975K in salary, as well as $73K in other compensation.
For fiscal year 2021, the median employee pay was $128,299 at Teradyne. Therefore, the ratio of Mark E. Jagiela's pay to the median employee pay was 85 to one.
Sanjay Mehta, Chief Financial Officer, received a compensation package of $3.6M, which increased by 13% compared to previous year. 47% of the compensation package, or $1.7M, was in stock awards.
Gregory S. Smith, President, Industrial Automation, earned $2.4M in 2021, a 13% increase compared to previous year.
Charles J. Gray, General Counsel, received $2.2M in 2021, which increases by 12% compared to 2020.
Bradford B. Robbins, President, Wireless Test, earned $1.8M in 2021, a 29% decrease compared to previous year.
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Source: SEC filing on April 1, 2022.