Loren Jarrett
2022
In 2022, Loren Jarrett earned a total compensation of $1.7M as EVP and General Manager, Digital Experience at Progress Software, a 12% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $218,400 |
|---|---|
| Option Awards | $200,007 |
| Salary | $389,231 |
| Stock Awards | $826,054 |
| Other | $56,492 |
| Total | $1,690,184 |
Jarrett received $826.1K in stock awards, accounting for 49% of the total pay in 2022.
Jarrett also received $218.4K in non-equity incentive plan, $200K in option awards, $389.2K in salary and $56.5K in other compensation.
Rankings
In 2022, Loren Jarrett's compensation ranked 2,002nd out of 5,625 executives tracked by ExecPay. In other words, Jarrett earned more than 64.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 2,002 out of 5,625 | 64th |
Division Services | 493 out of 1,045 | 53rd |
Major group Business Services | 360 out of 716 | 50th |
Industry group Computer Programming, Data Processing, And Other Computer Related Services | 300 out of 561 | 47th |
Industry Prepackaged Software | 197 out of 338 | 42nd |
Pay ratio
| Loren Jarrett's Pay | $1,690,184 |
|---|---|
| Median Employee's Pay | $71,637 |
| Pay Ratio | 24to 1 |
In 2022, the annual total compensation of Loren Jarrett was $1,690,184.
The annual total compensation of the median employee at Progress Software was $71,637.
The ratio of Loren Jarrett's pay to the pay of median employee was therefore 24 to one.
Source: SEC filing on March 29, 2023.
Jarrett's colleagues
We found four more compensation records of executives who worked with Loren Jarrett at Progress Software in 2022.