Avid Technology CEO Jeff Rosica's 2020 pay jumps 331% to $3.1M
Avid Technology reports 2020 executive compensation
By ExecPay News
Published: April 6, 2021
Avid Technology reported fiscal year 2020 executive compensation information on April 6, 2021.
In 2020, six executives at Avid Technology received on average a compensation package of $1.5M, a 44% increase compared to previous year.
Average pay of disclosed executives at Avid Technology
Jeff Rosica, Chief Executive Officer, received $3.1M in total, which increased by 331% compared to 2019. 66% of Rosica's compensation, or $2M, was in stock awards. Rosica also received $546K in non-equity incentive plan, $487K in salary, as well as $10K in other compensation.
For fiscal year 2020, the median employee pay was $83,750 at Avid Technology. Therefore, the ratio of Jeff Rosica's pay to the median employee pay was 37 to one.
Kenneth L. Gayron, Chief Financial Officer, received a compensation package of $1.5M, which decreased by 14% compared to previous year. 65% of the compensation package, or $993K, was in stock awards.
Jason A. Duva, Former Chief Legal and Administrative Officer and Executive Vice President, earned $1.5M in 2020, a 12% increase compared to previous year.
Tom Cordiner, Chief Revenue Officer and Senior Vice President, received $1.5M in 2020, which increases by 27% compared to 2019.
Dana Ruzicka, General Manager, Audio & Music Solutions and Senior Vice President, earned $1.1M in 2020, a 4% increase compared to previous year.
Tim Claman, General Manager, Video, Post, & Storage Solutions and Senior Vice President, received $635K in 2020, which increases by 58% compared to 2019.
Related executives
Jeff Rosica
Avid Technology
Chief Executive Officer
Kenneth Gayron
Avid Technology
Chief Financial Officer
Tom Cordiner
Avid Technology
Chief Revenue Officer and Senior Vice President
Dana Ruzicka
Avid Technology
General Manager, Audio & Music Solutions and Senior Vice President
Tim Claman
Avid Technology
General Manager, Video, Post, & Storage Solutions and Senior Vice President
Jason Duva
Avid Technology
Former Chief Legal and Administrative Officer and Executive Vice President
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Source: SEC filing on April 6, 2021.