Altair Engineering CEO James Scapa's 2021 pay jumps 94% to $3.9M

Altair Engineering reports 2021 executive compensation

By ExecPay News

Published: March 30, 2022

Altair Engineering reported fiscal year 2021 executive compensation information on March 30, 2022.
In 2021, six executives at Altair Engineering received on average a compensation package of $1.6M, a 24% increase compared to previous year.
Average pay of disclosed executives at Altair Engineering
James R. Scapa, Chief Executive Officer, received $3.9M in total, which increased by 94% compared to 2020. 32% of Scapa's compensation, or $1.2M, was in stock awards. Scapa also received $670K in non-equity incentive plan, $895K in option awards, $830K in salary, as well as $296K in other compensation.
For fiscal year 2021, the median employee pay was $82,555 at Altair Engineering. Therefore, the ratio of James R. Scapa's pay to the median employee pay was 48 to one.
Matthew Brown, Chief Financial Officer, received a compensation package of $3.2M. 48% of the compensation package, or $1.5M, was in stock awards.
Gilma Saravia, Chief People Officer, earned $736K in 2021, a 49% decrease compared to previous year.
Brett Chouinard, Chief Product and Strategy Officer, received $730K in 2021, which decreases by 34% compared to 2020.
Uwe Schramm, Chief Visionary Officer, earned $730K in 2021, a 37% decrease compared to previous year.
Howard N. Morof, Chief Financial Officer, received $366K in 2021, which decreases by 60% compared to 2020.

Related executives

James Scapa

Altair Engineering

Chief Executive Officer

Howard Morof

Altair Engineering

Chief Financial Officer

Matthew Brown

Altair Engineering

Chief Financial Officer

Gilma Saravia

Altair Engineering

Chief People Officer

Brett Chouinard

Altair Engineering

Chief Product and Strategy Officer

Uwe Schramm

Altair Engineering

Chief Visionary Officer

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Source: SEC filing on March 30, 2022.