2U CEO Christopher Paucek's 2019 pay falls 61% to $6.6M
2U reports 2019 executive compensation
By ExecPay News
Published: April 29, 2020
2U reported fiscal year 2019 executive compensation information on April 29, 2020.
In 2019, seven 2U executives received on average a compensation package of $4.1M, a 27% decrease compared to previous year.
Average pay of disclosed executives at 2U
Christopher J. Paucek, Chief Executive Officer, received $6.6M in total, which decreased by 61% compared to 2018. 50% of Paucek's compensation, or $3.3M, was in stock awards. Paucek also received $2.7M in option awards, $557K in salary, as well as $5.6K in other compensation.
For fiscal year 2019, the median employee pay was $59,272 at 2U. Therefore, the ratio of Christopher J. Paucek's pay to the median employee pay was 112 to one.
Paul S. Lalljie, Chief Financial Officer, received a compensation package of $5.3M. 94% of the compensation package, or $5M, was in stock awards.
Mark J. Chernis, Chief Operating Officer, earned $5.1M in 2019, a 34% increase compared to previous year.
Catherine A. Graham, Chief Financial Officer, received $4M in 2019, which increases by 15% compared to 2018.
James Kenigsberg, Chief Technology Officer, earned $3.2M in 2019, a 53% increase compared to previous year.
Harsha Mokkarala, Chief Revenue Officer former executive officer, received $2.9M in 2019, which increases by 42% compared to 2018.
Matthew J. Norden, Chief Legal Officer, earned $1.9M in 2019.
Related executives
Christopher Paucek
2U
Chief Executive Officer
Paul Lalljie
2U
Chief Financial Officer
Catherine Graham
2U
Chief Financial Officer
Mark Chernis
2U
Chief Operating Officer
Harsha Mokkarala
2U
Chief Revenue Officer former executive officer
James Kenigsberg
2U
Chief Technology Officer
Matthew Norden
2U
Chief Legal Officer
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Source: SEC filing on April 29, 2020.