Avid Technology CEO Jeff Rosica's 2018 pay jumps 191% to $4.8M
Avid Technology reports 2018 executive compensation
By ExecPay News
Published: April 1, 2019
Avid Technology reported fiscal year 2018 executive compensation information on April 1, 2019.
In 2018, eight executives at Avid Technology received on average a compensation package of $1.5M, a 1% increase compared to previous year.
Average pay of disclosed executives at Avid Technology
Jeff Rosica, Chief Executive Officer, received $4.8M in total, which increased by 191% compared to 2017. 80% of Rosica's compensation, or $3.9M, was in stock awards. Rosica also received $391K in non-equity incentive plan, $550K in salary, as well as $6K in other compensation.
For fiscal year 2018, the median employee pay was $81,600 at Avid Technology. Therefore, the ratio of Jeff Rosica's pay to the median employee pay was 59 to one.
Brian E. Agle, Chief Financial Officer, received a compensation package of $1.4M, which increased by 5% compared to previous year. 53% of the compensation package, or $765K, was in stock awards.
Jason A. Duva, Chief Legal and Administrative Officer and Executive Vice President, earned $1.3M in 2018, a 40% increase compared to previous year.
Tom Cordiner, Chief Revenue Officer and Senior Vice President, received $1.2M in 2018, which increases by 102% compared to 2017.
Dana Ruzicka, Chief Product Officer and Senior Vice President, earned $1.1M in 2018, a 33% increase compared to previous year.
Kenneth L. Gayron, Chief Financial Officer, received $860K in 2018.
Tim Claman, General Manager, Video, Post, & Storage Solutions and Senior Vice President, earned $526K in 2018.
Louis Hernandez, Jr, Chief Executive Officer, received $406K in 2018, which decreases by 88% compared to 2017.
Related executives
Jeff Rosica
Avid Technology
Chief Executive Officer
Kenneth Gayron
Avid Technology
Chief Financial Officer
Jason Duva
Avid Technology
Former Chief Legal and Administrative Officer and Executive Vice President
Dana Ruzicka
Avid Technology
General Manager, Audio & Music Solutions and Senior Vice President
Tom Cordiner
Avid Technology
Chief Revenue Officer and Senior Vice President
Louis Hernandez
Avid Technology
Chief Executive Officer
Brian Agle
Avid Technology
Chief Financial Officer
Tim Claman
Avid Technology
General Manager, Video, Post, & Storage Solutions and Senior Vice President
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Source: SEC filing on April 1, 2019.