Equinix CEO Charles Meyers' 2019 pay jumps 39% to $17M
Equinix reports 2019 executive compensation
By ExecPay News
Published: April 27, 2020
Equinix reported fiscal year 2019 executive compensation information on April 27, 2020.
In 2019, five Equinix executives received on average a compensation package of $9.1M, a 21% increase compared to previous year.
Average pay of disclosed executives at Equinix
Charles Meyers, Chief Executive Officer, received $17M in total, which increased by 39% compared to 2018. 93% of Meyers' compensation, or $15M, was in stock awards. Meyers also received $59 in non-equity incentive plan, $1M in salary, as well as $98K in other compensation.
For fiscal year 2019, the median employee pay was $133,688 at Equinix. Therefore, the ratio of Charles Meyers' pay to the median employee pay was 124 to one.
Karl Strohmeyer, Chief Customer & Revenue Officer, received a compensation package of $8.9M, which increased by 111% compared to previous year. 93% of the compensation package, or $8.4M, was in stock awards.
Keith Taylor, Chief Financial Officer, earned $7.6M in 2019, a 20% increase compared to previous year.
Brandi Galvin Morandi, Chief Legal & Human Resources Officer, received $6.4M in 2019.
Sara Baack, Chief Product Officer, earned $6M in 2019.
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Source: SEC filing on April 27, 2020.