Gitlab CEO Sytse Sijbrandij's 2022 pay jumps 14,770% to $18M
Gitlab reports 2022 executive compensation
By ExecPay News
Published: May 5, 2022
Gitlab reported fiscal year 2022 executive compensation information on May 5, 2022.
In 2022, three Gitlab executives received on average a compensation package of $8.8M, a 1,541% increase compared to previous year.
Sytse Sijbrandij, Chief Executive Officer, received $18M in total, which increased by 14,770% compared to 2021. 100% of Sijbrandij's compensation, or $18M, was in stock awards.
Michael McBride, Chief Revenue Officer, received a compensation package of $4.2M, which increased by 503% compared to previous year. 77% of the compensation package, or $3.2M, was in stock awards.
Eric Johnson, Chief Technology Officer, earned $3.8M in 2022, a 378% increase compared to previous year.
Gitlab's fiscal year ends on January 31.