Paul J. Cormier
2019
In 2019, Paul J. Cormier earned a total compensation of $7.2M as Executive Vice President and President, Products and Technologies at Red Hat, a 8% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $847,000 |
|---|---|
| Salary | $700,000 |
| Stock Awards | $5,657,903 |
| Other | $5,738 |
| Total | $7,210,641 |
Cormier received $5.7M in stock awards, accounting for 78% of the total pay in 2019.
Cormier also received $847K in non-equity incentive plan, $700K in salary and $5.7K in other compensation.
Rankings
In 2019, Paul J. Cormier's compensation ranked 1,308th out of 13,971 executives tracked by ExecPay. In other words, Cormier earned more than 90.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,308 out of 13,971 | 91st |
Division Services | 299 out of 2,389 | 88th |
Major group Business Services | 217 out of 1,581 | 86th |
Industry group Computer Programming, Data Processing, And Other Computer Related Services | 153 out of 994 | 85th |
Pay ratio
| Paul J. Cormier's Pay | $7,210,641 |
|---|---|
| Median Employee's Pay | $118,925 |
| Pay Ratio | 61to 1 |
In 2019, the annual total compensation of Paul J. Cormier was $7,210,641.
The annual total compensation of the median employee at Red Hat was $118,925.
The ratio of Paul J. Cormier's pay to the pay of median employee was therefore 61 to one.
Source: SEC filing on June 25, 2019.
Cormier's colleagues
We found four more compensation records of executives who worked with Paul J. Cormier at Red Hat in 2019.