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.
| Classification | Ranking | Percentile |
|---|---|---|
All | 103 out of 13,971 | 99th |
Division Services | 35 out of 2,389 | 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 | 168to 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.