Raffi Garabedian
2019
In 2019, Raffi Garabedian earned a total compensation of $3.3M as Chief Technology Officer at First Solar, which was about the same as previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $741,992 |
|---|---|
| Salary | $575,000 |
| Stock Awards | $1,949,968 |
| Other | $11,200 |
| Total | $3,278,160 |
Garabedian received $1.9M in stock awards, accounting for 59% of the total pay in 2019.
Garabedian also received $742K in non-equity incentive plan, $575K in salary and $11.2K in other compensation.
Rankings
In 2019, Raffi Garabedian's compensation ranked 3,718th out of 13,971 executives tracked by ExecPay. In other words, Garabedian earned more than 73.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 3,718 out of 13,971 | 73rd |
Division Manufacturing | 1,342 out of 5,701 | 77th |
Major group Electronic And Other Electrical Equipment And Components, Except Computer Equipment | 163 out of 728 | 78th |
Industry group Electronic Components And Accessories | 97 out of 401 | 76th |
Industry Semiconductors and Related Devices | 72 out of 264 | 73rd |
Pay ratio
| Raffi Garabedian's Pay | $3,278,160 |
|---|---|
| Median Employee's Pay | $83,313 |
| Pay Ratio | 39to 1 |
In 2019, the annual total compensation of Raffi Garabedian was $3,278,160.
The annual total compensation of the median employee at First Solar was $83,313.
The ratio of Raffi Garabedian's pay to the pay of median employee was therefore 39 to one.
Source: SEC filing on April 1, 2020.
Garabedian's colleagues
We found four more compensation records of executives who worked with Raffi Garabedian at First Solar in 2019.