Ajay Banga

2019

In 2019, Ajay Banga earned a total compensation of $23.2M as Chief Executive Officer at Mastercard, a 14% increase compared to previous year.

Compensation breakdown

Non-Equity Incentive Plan$5,664,063
Option Awards$7,450,079
Salary$1,250,000
Stock Awards$8,650,134
Other$235,701
Total$23,249,977

Banga received $8.7M in stock awards, accounting for 37% of the total pay in 2019.

Banga also received $5.7M in non-equity incentive plan, $7.5M in option awards, $1.3M in salary and $235.7K in other compensation.

Rankings

In 2019, Ajay Banga's compensation ranked 103rd out of 13,971 executives tracked by ExecPay. In other words, Banga earned more than 99.3% of executives.

ClassificationRankingPercentile
All
103
out of 13,971
99th
Division
Services
35
out of 2,392
99th
Major group
Business Services
25
out of 1,581
98th
Industry group
Miscellaneous Business Services
9
out of 339
97th
Industry
Business Services, Not Elsewhere Classified
9
out of 309
97th

Pay ratio

Ajay Banga's Pay$23,249,977
Median Employee's Pay$138,142
Pay Ratio

168

to 1

In 2019, the annual total compensation of Ajay Banga was $23,249,977.

The annual total compensation of the median employee at Mastercard was $138,142.

The ratio of Ajay Banga's pay to the pay of median employee was therefore 168 to one.

Source: SEC filing on April 29, 2020.

Banga's colleagues

We found five more compensation records of executives who worked with Ajay Banga at Mastercard in 2019.

2019

Martina Hund-Mejean

Mastercard

Chief Financial Officer

2019

Michael Froman

Mastercard

Chairman

2019

Michael Miebach

Mastercard

Chief Executive Officer

2019

Craig Vosburg

Mastercard

President, North America

2019

Sachin Mehra

Mastercard

Chief Financial Officer

News

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