Varex Imaging Corp CEO Sunny Sanyal's 2021 pay rises 19% to $4.7M

Varex Imaging Corp reports 2021 executive compensation

By ExecPay News

Published: December 28, 2021

Varex Imaging Corp reported fiscal year 2021 executive compensation information on December 28, 2021.
In 2021, six executives at Varex Imaging Corp received on average a compensation package of $1.8M, a 28% increase compared to previous year.
Average pay of disclosed executives at Varex Imaging Corp
Sunny S. Sanyal, Chief Executive Officer, received $4.7M in total, which increased by 19% compared to 2020. 33% of Sanyal's compensation, or $1.5M, was in option awards. Sanyal also received $200 in bonus, $956K in non-equity incentive plan, $637K in salary, $1.5M in stock awards, as well as $11K in other compensation.
For fiscal year 2021, the median employee pay was $66,216 at Varex Imaging Corp. Therefore, the ratio of Sunny S. Sanyal's pay to the median employee pay was 71 to one.
Shubham Maheshwari, Chief Financial Officer, received a compensation package of $1.5M, which decreased by 10% compared to previous year. 32% of the compensation package, or $460K, was in salary.
Kimberley E. Honeysett, General Counsel, earned $1.1M in 2021, a 21% increase compared to previous year.
Brian W. Giambattista, SVP and General Manager, received $1.1M in 2021, which increases by 23% compared to 2020.
X- Ray Detectors Andrew Hartmann, SVP, Medical Global Sales and Marketing, earned $1.1M in 2021.
Andrew J. Hartmann, SVP, Medical Global Sales and Marketing, received $1.1M in 2021.
Varex Imaging Corp's fiscal year ends on September 30.

Related executives

Kimberley Honeysett

Varex Imaging Corp

Chief Legal Officer

Brian Giambattista

Varex Imaging Corp

SVP and General Manager, Detectors

X- Hartmann

Varex Imaging Corp

SVP, Medical Global Sales and Marketing

Andrew Hartmann

Varex Imaging Corp

SVP, Medical Global Sales and Marketing

Sunny Sanyal

Varex Imaging Corp

Chief Executive Officer

Shubham Maheshwari

Varex Imaging Corp

Chief Financial Officer

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Source: SEC filing on December 28, 2021.