Globalstar CEO David Kagan's 2020 pay rises 5% to $728K
Globalstar reports 2020 executive compensation
By ExecPay News
Published: April 12, 2021
Globalstar reported fiscal year 2020 executive compensation information on April 12, 2021.
In 2020, three Globalstar executives received on average a compensation package of $630K, a 21% increase compared to previous year.
David B. Kagan, Chief Executive Officer, received $728K in total, which increased by 5% compared to 2019. 73% of Kagan's compensation, or $535K, was in salary. Kagan also received $182K in stock awards and $11K in other compensation.
L. Barbee Ponder IV, General Counsel, received a compensation package of $637K, which increased by 48% compared to previous year. 51% of the compensation package, or $323K, was in stock awards.
Rebecca S. Clary, Chief Financial Officer, earned $524K in 2020, a 21% increase compared to previous year.