pdvWireless CEO John Pescatore's 2019 pay jumps 132% to $4.3M
pdvWireless reports 2019 executive compensation
By ExecPay News
Published: July 5, 2019
pdvWireless reported fiscal year 2019 executive compensation information on July 5, 2019.
In 2019, four executives at pdvWireless received on average a compensation package of $2.4M, a 121% increase compared to previous year.
John C. Pescatore, Chief Executive Officer, received $4.3M in total, which increased by 132% compared to 2018. 51% of Pescatore's compensation, or $2.2M, was in option awards. Pescatore also received $260K in bonus, $400K in salary, $864K in stock awards, as well as $576K in other compensation.
Robert H. Schwartz, Chief Operating Officer, received a compensation package of $3.3M, which increased by 289% compared to previous year. 86% of the compensation package, or $2.8M, was in option awards.
Morgan E. O'Brien, Chief Executive Officer, earned $1.1M in 2019, a 7% increase compared to previous year.
Timothy A. Gray, Chief Financial Officer, received $787K in 2019, which increases by 40% compared to 2018.
pdvWireless' fiscal year ends on March 31.