Varonis Systems CEO Yakov Faitelson's 2019 pay falls 35% to $5.7M
Varonis Systems reports 2019 executive compensation
By ExecPay News
Published: April 15, 2020
Varonis Systems reported fiscal year 2019 executive compensation information on April 15, 2020.
In 2019, five executives at Varonis Systems received on average a compensation package of $3.9M, a 6% decrease compared to previous year.
Average pay of disclosed executives at Varonis Systems
Yakov Faitelson, Chief Executive Officer, received $5.7M in total, which decreased by 35% compared to 2018. 81% of Faitelson's compensation, or $4.6M, was in stock awards. Faitelson also received $523K in non-equity incentive plan, $560K in salary, as well as $11K in other compensation.
For fiscal year 2019, the median employee pay was $166,759 at Varonis Systems. Therefore, the ratio of Yakov Faitelson's pay to the median employee pay was 34 to one.
Guy Melamed, Chief Financial Officer, received a compensation package of $4.9M, which increased by 30% compared to previous year. 85% of the compensation package, or $4.2M, was in stock awards.
David Bass, Chief Technology Officer, earned $4.6M in 2019, a 40% increase compared to previous year.
James O'Boyle, Senior Vice President of Worldwide Sales, received $2.4M in 2019, which decreases by 27% compared to 2018.
Gilad Raz, Chief Information Officer and VP of Technical Services, earned $1.7M in 2019, a 16% increase compared to previous year.
Related executives
Yakov Faitelson
Varonis Systems
Chief Executive Officer
Guy Melamed
Varonis Systems
Chief Financial Officer
David Bass
Varonis Systems
Chief Technology Officer
James O'Boyle
Varonis Systems
Senior Vice President of Worldwide Sales
Gilad Raz
Varonis Systems
Chief Information Officer and VP of Technical Services
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Source: SEC filing on April 15, 2020.