Cyrusone CEO Gary Wojtaszek's 2019 pay rises 3% to $7.1M
Cyrusone reports 2019 executive compensation
By ExecPay News
Published: March 18, 2020
Cyrusone reported fiscal year 2019 executive compensation information on March 18, 2020.
In 2019, five Cyrusone executives received on average a compensation package of $3.4M, a 12% increase compared to previous year.
Average pay of disclosed executives at Cyrusone
Gary J. Wojtaszek, Chief Executive Officer, received $7.1M in total, which increased by 3% compared to 2018. 56% of Wojtaszek's compensation, or $4M, was in stock awards. Wojtaszek also received $2.3M in non-equity incentive plan, $800K in salary, as well as $18K in other compensation.
For fiscal year 2019, the median employee pay was $115,693 at Cyrusone. Therefore, the ratio of Gary J. Wojtaszek's pay to the median employee pay was 61 to one.
Venkatesh Durvasula, Executive Vice President and President, Europe, received a compensation package of $3.2M, which increased by 42% compared to previous year. 45% of the compensation package, or $1.4M, was in stock awards.
Kevin L. Timmons, Chief Technology Officer, earned $2.6M in 2019, a 22% increase compared to previous year.
Diane M. Morefield, Chief Financial Officer, received $2.3M in 2019, which increases by 1% compared to 2018.
Robert M. Jackson, General Counsel, earned $1.7M in 2019, a 8% increase compared to previous year.
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Source: SEC filing on March 18, 2020.