DROPBOX Senior Vice President and General Manager, Core Dropbox Timothy Young receives $21M in 2019
DROPBOX reports 2019 executive compensation
By ExecPay News
Published: April 7, 2020
DROPBOX reported fiscal year 2019 executive compensation information on April 7, 2020.
In 2019, five DROPBOX executives received on average a compensation package of $10M, a 71% increase compared to previous year.
Average pay of disclosed executives at DROPBOX
Timothy Young, Senior Vice President and General Manager, Core Dropbox, received $21M in total. 99% of Young's compensation, or $20M, was in stock awards. Young also received $116K in non-equity incentive plan, $116K in salary, as well as $1.5K in other compensation.
For fiscal year 2019, the median employee pay was $244,570 at DROPBOX. Therefore, the ratio of Timothy Young's pay to the median employee pay was 84 to one.
Bharat Mediratta, Chief Technology Officer, received a compensation package of $20M. 99% of the compensation package, or $20M, was in stock awards.
Ajay V. Vashee, Chief Financial Officer, earned $5M in 2019, a 21% decrease compared to previous year.
Yamini Rangan, Chief Customer Officer, received $4M in 2019, which decreases by 6% compared to 2018.
Andrew W. Houston, Chief Executive Officer, earned $1.4M in 2019, a 13% increase compared to previous year.
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Source: SEC filing on April 7, 2020.