Benefitfocus CEO Raymond August's 2019 pay jumps 63% to $6.8M
Benefitfocus reports 2019 executive compensation
By ExecPay News
Published: April 29, 2020
Benefitfocus reported fiscal year 2019 executive compensation information on April 29, 2020.
In 2019, six executives at Benefitfocus received on average a compensation package of $2.3M, a 14% increase compared to previous year.
Average pay of disclosed executives at Benefitfocus
Raymond A. August, Chief Executive Officer, received $6.8M in total, which increased by 63% compared to 2018. 91% of August's compensation, or $6.2M, was in stock awards. August also received $93K in non-equity incentive plan, $518K in salary, as well as $10K in other compensation.
For fiscal year 2019, the median employee pay was $79,410 at Benefitfocus. Therefore, the ratio of Raymond A. August's pay to the median employee pay was 85 to one.
Stephen M. Swad, Chief Financial Officer, received a compensation package of $3.1M. 93% of the compensation package, or $2.9M, was in stock awards.
James P. Restivo, Chief Technology Officer, earned $1.3M in 2019, a 7% increase compared to previous year.
Jonathon E. Dussault, Chief Financial Officer, received $1M in 2019, which decreases by 31% compared to 2018.
Mason R. Holland, Jr, Chairman, earned $875K in 2019, a 17% decrease compared to previous year.
Lou Anne Gilmore, Chief Financial Officer, received $430K in 2019.
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Source: SEC filing on April 29, 2020.