Carbonite CEO Mohamad Ali's 2018 pay jumps 33% to $3.9M

Carbonite reports 2018 executive compensation

By ExecPay News

Published: April 5, 2019

Carbonite reported fiscal year 2018 executive compensation information on April 5, 2019.
In 2018, six Carbonite executives received on average a compensation package of $1.8M, a 19% increase compared to previous year.
Average pay of disclosed executives at Carbonite
Mohamad Ali, Chief Executive Officer, received $3.9M in total, which increased by 33% compared to 2017. 78% of Ali's compensation, or $3.1M, was in stock awards. Ali also received $423K in non-equity incentive plan, $433K in salary, as well as $12K in other compensation.
For fiscal year 2018, the median employee pay was $98,082 at Carbonite. Therefore, the ratio of Mohamad Ali's pay to the median employee pay was 40 to one.
Anthony Folger, Chief Financial Officer, received a compensation package of $2.1M, which increased by 40% compared to previous year. 73% of the compensation package, or $1.5M, was in stock awards.
Paul Mellinger, Senior Vice President of Global Sales, earned $1.3M in 2018, a 4% increase compared to previous year.
Norman Guadagno, Senior Vice President of Marketing, received $1.2M in 2018, which increases by 13% compared to 2017.
Deepak Mohan, Former Senior Vice President of Product and Engineering, earned $1.1M in 2018, a 9% decrease compared to previous year.
Danielle Sheer, General Counsel, received $1.1M in 2018, which increases by 9% compared to 2017.

Related executives

Mohamad Ali

Carbonite

Chief Executive Officer

Anthony Folger

Carbonite

Chief Financial Officer

Danielle Sheer

Carbonite

General Counsel

Paul Mellinger

Carbonite

Senior Vice President of Global Sales

Norman Guadagno

Carbonite

Senior Vice President of Marketing

Deepak Mohan

Carbonite

Former Senior Vice President of Product and Engineering

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Source: SEC filing on April 5, 2019.