Varex Imaging Corp CEO Sunny Sanyal's 2020 pay jumps 24% to $3.9M
Varex Imaging Corp reports 2020 executive compensation
By ExecPay News
Published: December 28, 2021
Varex Imaging Corp reported fiscal year 2020 executive compensation information on December 28, 2021.
In 2020, seven executives at Varex Imaging Corp received on average a compensation package of $1.4M, a 14% increase compared to previous year.
Average pay of disclosed executives at Varex Imaging Corp
Sunny S. Sanyal, Chief Executive Officer, received $3.9M in total, which increased by 24% compared to 2019. 39% of Sanyal's compensation, or $1.5M, was in stock awards. Sanyal also received $231K in non-equity incentive plan, $1.5M in option awards, $585K in salary, as well as $28K in other compensation.
For fiscal year 2020, the median employee pay was $58,257 at Varex Imaging Corp. Therefore, the ratio of Sunny S. Sanyal's pay to the median employee pay was 68 to one.
Shubham Maheshwari, Chief Financial Officer, received a compensation package of $1.6M. 46% of the compensation package, or $750K, was in option awards.
Kimberley E. Honeysett, General Counsel, earned $951K in 2020, a 14% increase compared to previous year.
X- Ray Detectors Kimberley E. Honeysett, General Counsel, received $951K in 2020, which increases by 14% compared to 2019.
Mark S. Jonaitis, SVP and General Manager, earned $936K in 2020, a 20% increase compared to previous year.
Brian W. Giambattista, SVP and General Manager, received $935K in 2020, which increases by 9% compared to 2019.
X-Ray Sources Clarence R. Verhoef, Chief Financial Officer, earned $502K in 2020, a 54% decrease compared to previous year.
Varex Imaging Corp's fiscal year ends on September 30.
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Sunny Sanyal
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Chief Executive Officer
Shubham Maheshwari
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Chief Financial Officer
Brian Giambattista
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X- Honeysett
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Source: SEC filing on December 28, 2021.