Ajay Banga
2018
In 2018, Ajay Banga earned a total compensation of $20.4M as President and Chief Executive Officer at Mastercard, a 9% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $5,288,090 |
|---|---|
| Option Awards | $6,749,972 |
| Salary | $1,250,000 |
| Stock Awards | $6,750,004 |
| Other | $341,287 |
| Total | $20,379,353 |
Banga received $6.8M in stock awards, accounting for 33% of the total pay in 2018.
Banga also received $5.3M in non-equity incentive plan, $6.7M in option awards, $1.3M in salary and $341.3K in other compensation.
Rankings
In 2018, Ajay Banga's compensation ranked 155th out of 14,244 executives tracked by ExecPay. In other words, Banga earned more than 98.9% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 155 out of 14,244 | 99th |
Division Services | 43 out of 2,377 | 98th |
Major group Business Services | 31 out of 1,566 | 98th |
Industry group Miscellaneous Business Services | 7 out of 349 | 98th |
Industry Business Services, Not Elsewhere Classified | 6 out of 309 | 98th |
Pay ratio
| Ajay Banga's Pay | $20,379,353 |
|---|---|
| Median Employee's Pay | $121,897 |
| Pay Ratio | 167to 1 |
In 2018, the annual total compensation of Ajay Banga was $20,379,353.
The annual total compensation of the median employee at Mastercard was $121,897.
The ratio of Ajay Banga's pay to the pay of median employee was therefore 167 to one.
Source: SEC filing on April 29, 2019.
Banga's colleagues
We found five more compensation records of executives who worked with Ajay Banga at Mastercard in 2018.