Ameresco CEO George Sakellaris' 2019 pay jumps 234% to $3.9M
Ameresco reports 2019 executive compensation
By ExecPay News
Published: April 28, 2020
Ameresco reported fiscal year 2019 executive compensation information on April 28, 2020.
In 2019, six Ameresco executives received on average a compensation package of $1.2M, a 94% increase compared to previous year.
Average pay of disclosed executives at Ameresco
George P. Sakellaris, Chief Executive Officer, received $3.9M in total, which increased by 234% compared to 2018. 74% of Sakellaris' compensation, or $2.9M, was in option awards. Sakellaris also received $200K in bonus, $800K in salary, as well as $27K in other compensation.
For fiscal year 2019, the median employee pay was $100,223 at Ameresco. Therefore, the ratio of George P. Sakellaris' pay to the median employee pay was 39 to one.
Spencer Doran Hole, Senior Vice President and Chief Financial Offier, received a compensation package of $859K. 73% of the compensation package, or $625K, was in option awards.
Nicole A. Bulgarino, Executive Vice President and General Manager, Federal Solutions, earned $771K in 2019, a 30% increase compared to previous year.
Michael T. Bakas, Executive Vice President, Distributed Energy Systems, received $711K in 2019, which increases by 29% compared to 2018.
David J. Corrsin, General Counsel, earned $678K in 2019.
Mark A. Chiplock, Chief Financial Officer, received $546K in 2019, which decreases by 2% compared to 2018.
Related executives
George Sakellaris
Ameresco
Chief Executive Officer
Spencer Hole
Ameresco
Chief Financial Officer
Mark Chiplock
Ameresco
Chief Financial Officer
Michael Bakas
Ameresco
Executive Vice President, Distributed Energy Systems
Nicole Bulgarino
Ameresco
Executive Vice President and General Manager, Federal Solutions
David Corrsin
Ameresco
General Counsel
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Source: SEC filing on April 28, 2020.