Zix CEO David Wagner's 2019 pay jumps 67% to $2.4M
Zix reports 2019 executive compensation
By ExecPay News
Published: April 24, 2020
Zix reported fiscal year 2019 executive compensation information on April 24, 2020.
In 2019, five Zix executives received on average a compensation package of $1.3M, a 58% increase compared to previous year.
Average pay of disclosed executives at Zix
David J. Wagner, Chief Executive Officer, received $2.4M in total, which increased by 67% compared to 2018. 68% of Wagner's compensation, or $1.6M, was in stock awards. Wagner also received $339K in non-equity incentive plan, $400K in salary, as well as $10K in other compensation.
For fiscal year 2019, the median employee pay was $82,420 at Zix. Therefore, the ratio of David J. Wagner's pay to the median employee pay was 29 to one.
David E. Rockvam, Chief Financial Officer, received a compensation package of $1.3M, which increased by 86% compared to previous year. 63% of the compensation package, or $822K, was in stock awards.
David J. Robertson, Vice President, Engineering, earned $965K in 2019, a 57% increase compared to previous year.
Noah F. Webster, General Counsel, received $815K in 2019, which increases by 18% compared to 2018.
Kelly P. Haggerty, Vice President, Product Management and Strategy, earned $814K in 2019, a 48% increase compared to previous year.
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Source: SEC filing on April 24, 2020.