Varonis Systems CTO David Bass' 2020 pay jumps 41% to $6.4M
Varonis Systems reports 2020 executive compensation
By ExecPay News
Published: April 12, 2021
Varonis Systems reported fiscal year 2020 executive compensation information on April 12, 2021.
In 2020, five executives at Varonis Systems received on average a compensation package of $5M, a 31% increase compared to previous year.
Average pay of disclosed executives at Varonis Systems
David Bass, Chief Technology Officer, received $6.4M in total, which increased by 41% compared to 2019. 94% of Bass' compensation, or $6M, was in stock awards. Bass also received $336K in salary and $52K in other compensation.
For fiscal year 2020, the median employee pay was $194,333 at Varonis Systems. Therefore, the ratio of David Bass' pay to the median employee pay was 33 to one.
Yakov Faitelson, Chief Executive Officer, received a compensation package of $6.2M, which increased by 8% compared to previous year. 85% of the compensation package, or $5.3M, was in stock awards.
Guy Melamed, Chief Financial Officer, earned $6.2M in 2020, a 27% increase compared to previous year.
James O'Boyle, Senior Vice President of Worldwide Sales, received $3.9M in 2020, which increases by 65% compared to 2019.
Gilad Raz, Chief Information Officer and VP of Technical Services, earned $2.5M in 2020, a 42% 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 12, 2021.