Aspen Technology CEO Antonio Pietri's 2021 pay rises 10% to $8.4M
Aspen Technology reports 2021 executive compensation
By ExecPay News
Published: October 28, 2021
Aspen Technology reported fiscal year 2021 executive compensation information on October 28, 2021.
In 2021, five executives at Aspen Technology received on average a compensation package of $3.8M, a 14% increase compared to previous year.
Antonio J. Pietri, Chief Executive Officer, received $8.4M in total, which increased by 10% compared to 2020. 55% of Pietri's compensation, or $4.6M, was in stock awards. Pietri also received $320K in non-equity incentive plan, $2.8M in option awards, $600K in salary, as well as $9.3K in other compensation.
For fiscal year 2021, the median employee pay was $99,299 at Aspen Technology. Therefore, the ratio of Antonio J. Pietri's pay to the median employee pay was 85 to one.
Karl E. Johnsen, Chief Financial Officer, received a compensation package of $3.5M, which increased by 29% compared to previous year. 49% of the compensation package, or $1.7M, was in stock awards.
Chantelle Breithaupt, Chief Financial Officer, earned $3M in 2021.
John W. Hague, Executive Vice President, Operations, received $2.6M in 2021, which increases by 65% compared to 2020.
Frederic G. Hammond, General Counsel, earned $1.7M in 2021, a 6% increase compared to previous year.
Aspen Technology's fiscal year ends on June 30.