AQUANTIA CORP CEO Faraj Aalaei's 2018 pay jumps 407% to $3.3M
AQUANTIA CORP reports 2018 executive compensation
By ExecPay News
Published: April 29, 2019
AQUANTIA CORP reported fiscal year 2018 executive compensation information on April 29, 2019.
In 2018, five executives at AQUANTIA CORP received on average a compensation package of $1.6M, a 152% increase compared to previous year.
Faraj Aalaei, Chief Executive Officer, received $3.3M in total, which increased by 407% compared to 2017. 80% of Aalaei's compensation, or $2.6M, was in stock awards. Aalaei also received $198K in non-equity incentive plan and $450K in salary.
For fiscal year 2018, the median employee pay was $136,900 at AQUANTIA CORP. Therefore, the ratio of Faraj Aalaei's pay to the median employee pay was 24 to one.
Pirooz Parvarandeh, Chief Operating Officer, received a compensation package of $1.8M. 79% of the compensation package, or $1.5M, was in stock awards.
Mark Voll, Chief Financial Officer, earned $982K in 2018, a 115% increase compared to previous year.
Kamal Dalmia, Former Senior Vice President, Sales and Marketing, received $954K in 2018, which increases by 92% compared to 2017.
David Quarles, Vice President, Worldwide Sales, earned $921K in 2018.