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.
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