Ajay Banga
2016
In 2016, Ajay Banga earned a total compensation of $16.9M as President and Chief Executive Officer at Mastercard, a 9% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $4,032,000 |
|---|---|
| Option Awards | $5,749,990 |
| Salary | $1,200,000 |
| Stock Awards | $5,750,003 |
| Other | $160,063 |
| Total | $16,892,056 |
Banga received $5.8M in stock awards, accounting for 34% of the total pay in 2016.
Banga also received $4M in non-equity incentive plan, $5.7M in option awards, $1.2M in salary and $160.1K in other compensation.
Rankings
In 2016, Ajay Banga's compensation ranked 182nd out of 14,075 executives tracked by ExecPay. In other words, Banga earned more than 98.7% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 182 out of 14,075 | 99th |
Division Services | 33 out of 2,285 | 99th |
Major group Business Services | 25 out of 1,497 | 98th |
Industry group Miscellaneous Business Services | 6 out of 332 | 98th |
Industry Business Services, Not Elsewhere Classified | 5 out of 293 | 98th |
Source: SEC filing on April 29, 2019.
Banga's colleagues
We found two more compensation records of executives who worked with Ajay Banga at Mastercard in 2016.