Axon CEO Patrick Smith's 2018 pay jumps 6,433% to $246M
Axon reports 2018 executive compensation
By ExecPay News
Published: April 16, 2019
Axon reported fiscal year 2018 executive compensation information on April 16, 2019.
In 2018, five Axon executives received on average a compensation package of $50M, a 2,405% increase compared to previous year.
Average pay of disclosed executives at Axon
Patrick W. Smith, Chief Executive Officer, received $246M in total, which increased by 6,433% compared to 2017. 100% of Smith's compensation, or $246M, was in option awards. Smith also received $70K in salary and $3.3K in other compensation.
For fiscal year 2018, the median employee pay was $95,157 at Axon. Therefore, the ratio of Patrick W. Smith's pay to the median employee pay was 2,585 to one.
Joshua M. Isner, Chief Revenue Officer, received a compensation package of $1.7M, which decreased by 26% compared to previous year. 82% of the compensation package, or $1.4M, was in non-equity incentive plan.
Jawad A. Ahsan, Chief Financial Officer, earned $1.1M in 2018, a 62% decrease compared to previous year.
Douglas E. Klint, General Counsel, received $565K in 2018, which decreases by 9% compared to 2017.
Luke S. Larson, President, earned $529K in 2018, a 85% decrease compared to previous year.
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Source: SEC filing on April 16, 2019.