Dolby Laboratories CEO Kevin Yeama's 2020 pay rises 7% to $7.9M
Dolby Laboratories reports 2020 executive compensation
By ExecPay News
Published: December 18, 2020
Dolby Laboratories reported fiscal year 2020 executive compensation information on December 18, 2020.
In 2020, six executives at Dolby Laboratories received on average a compensation package of $4.5M, a 7% increase compared to previous year.
Kevin Yeama, Chief Executive Officer, received $7.9M in total, which increased by 7% compared to 2019. 55% of Yeama's compensation, or $4.3M, was in stock awards. Yeama also received $2.7M in option awards, $847K in salary, as well as $31K in other compensation.
For fiscal year 2020, the median employee pay was $132,549 at Dolby Laboratories. Therefore, the ratio of Kevin Yeama's pay to the median employee pay was 59 to one.
Kevin Yeaman, Chief Executive Officer, received a compensation package of $7.9M, which increased by 7% compared to previous year. 55% of the compensation package, or $4.3M, was in stock awards.
Lewis Chew, Chief Financial Officer, earned $3M in 2020, a 12% increase compared to previous year.
Andy Sherman, General Counsel, received $3M in 2020, which increases by 9% compared to 2019.
Giles Baker, Senior Vice President, Consumer Entertainment, earned $2.8M in 2020, a 9% increase compared to previous year.
Todd Pendleton, Chief Marketing Officer, received $2.4M in 2020, which decreases by 4% compared to 2019.
Dolby Laboratories' fiscal year ends on September 27.
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