CLARIVATE Plc CEO Jerre Stead's 2020 pay jumps 25% to $21M
CLARIVATE Plc reports 2020 executive compensation
By ExecPay News
Published: March 25, 2021
CLARIVATE Plc reported fiscal year 2020 executive compensation information on March 25, 2021.
In 2020, five executives at CLARIVATE Plc received on average a compensation package of $6.2M, a 58% increase compared to previous year.
Jerre Stead, Chief Executive Officer, received $21M in total, which increased by 25% compared to 2019. 93% of Stead's compensation, or $19M, was in stock awards. Stead also received $750K in non-equity incentive plan, $641K in salary, as well as $8.4K in other compensation.
Mukhtar Ahmed, President, Science Group, received a compensation package of $3.2M, which increased by 258% compared to previous year. 66% of the compensation package, or $2.1M, was in stock awards.
Richard Hanks, Chief Financial Officer, earned $3M in 2020, a 247% increase compared to previous year.
Jeff Roy, President, IP Group, received $2.9M in 2020, which increases by 327% compared to 2019.
Stephen Hartman, General Counsel, earned $1.3M in 2020, a 110% increase compared to previous year.