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.
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.
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James Scapa
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