Raffi Garabedian
2020
In 2020, Raffi Garabedian earned a total compensation of $3M as Former Chief Technology Officer at First Solar, a 9% decrease compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $646,875 |
|---|---|
| Salary | $575,000 |
| Stock Awards | $1,750,023 |
| Other | $11,400 |
| Total | $2,983,298 |
Garabedian received $1.8M in stock awards, accounting for 59% of the total pay in 2020.
Garabedian also received $646.9K in non-equity incentive plan, $575K in salary and $11.4K in other compensation.
Rankings
In 2020, Raffi Garabedian's compensation ranked 3,870th out of 13,090 executives tracked by ExecPay. In other words, Garabedian earned more than 70.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 3,870 out of 13,090 | 70th |
Division Manufacturing | 1,541 out of 5,618 | 73rd |
Major group Electronic And Other Electrical Equipment And Components, Except Computer Equipment | 198 out of 731 | 73rd |
Industry group Electronic Components And Accessories | 113 out of 370 | 70th |
Industry Semiconductors and Related Devices | 84 out of 256 | 67th |
Pay ratio
| Raffi Garabedian's Pay | $2,983,298 |
|---|---|
| Median Employee's Pay | $136,250 |
| Pay Ratio | 22to 1 |
In 2020, the annual total compensation of Raffi Garabedian was $2,983,298.
The annual total compensation of the median employee at First Solar was $136,250.
The ratio of Raffi Garabedian's pay to the pay of median employee was therefore 22 to one.
Source: SEC filing on April 1, 2021.
Garabedian's colleagues
We found five more compensation records of executives who worked with Raffi Garabedian at First Solar in 2020.