8x8 CEO Vikram Verma's 2019 pay rises 7% to $5.1M

8x8 reports 2019 executive compensation

By ExecPay News

Published: June 27, 2019

8x8 reported fiscal year 2019 executive compensation information on June 27, 2019.

In 2019, seven 8x8 executives received on average a compensation package of $2M, a 8% decrease compared to previous year.

Average pay of disclosed executives at 8x8

Vikram Verma, Chief Executive Officer, received $5.1M in total, which increased by 7% compared to 2018. 90% of Verma's compensation, or $4.6M, was in stock awards. Verma also received $490K in salary and $4.5K in other compensation.

For fiscal year 2019, the median employee pay was $117,901 at 8x8. Therefore, the ratio of Vikram Verma's pay to the median employee pay was 43 to one.

Steven Gatoff, Chief Financial Officer, received a compensation package of $3M. 92% of the compensation package, or $2.7M, was in stock awards.

Dejan Deklich, Chief Product Officer, earned $2M in 2019, a 61% increase compared to previous year.

Matthew Zinn, General Counsel, received $1.5M in 2019.

Darren Hakeman, SVP, Strategy, Analytics Corporate Development, earned $875K in 2019, a 27% decrease compared to previous year.

Bryan R. Martin, Chief Technology Officer, received $797K in 2019, which decreases by 17% compared to 2018.

Mary Ellen Genovese, Managing Director European Operations, earned $444K in 2019, a 82% decrease compared to previous year.

8x8's fiscal year ends on March 31.

Related executives

Vikram Verma

8x8

Chief Executive Officer

Steven Gatoff

8x8

Chief Financial Officer

Bryan Martin

8x8

Chief Technology Officer

Dejan Deklich

8x8

Chief Product Officer

Matthew Zinn

8x8

General Counsel

Mary Genovese

8x8

Managing Director European Operations

Darren Hakeman

8x8

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