Groupon CEO Rich Williams' 2018 pay jumps 30% to $10M
Groupon reports 2018 executive compensation
By ExecPay News
Published: April 26, 2019
Groupon reported fiscal year 2018 executive compensation information on April 26, 2019.
In 2018, six Groupon executives received on average a compensation package of $3.4M, a 1% decrease compared to previous year.
Average pay of disclosed executives at Groupon
Rich Williams, Chief Executive Officer, received $10M in total, which increased by 30% compared to 2017. 89% of Williams' compensation, or $9M, was in stock awards. Williams also received $360K in non-equity incentive plan, $750K in salary, as well as $10K in other compensation.
For fiscal year 2018, the median employee pay was $48,605 at Groupon. Therefore, the ratio of Rich Williams' pay to the median employee pay was 208 to one.
Michael Randolfi, Chief Financial Officer, received a compensation package of $3.6M, which increased by 93% compared to previous year. 79% of the compensation package, or $2.9M, was in stock awards.
Dane Drobny, General Counsel, earned $2.4M in 2018, a 34% increase compared to previous year.
Steve Krenzer, Chief Operating Officer, received $2M in 2018, which decreases by 58% compared to 2017.
Brian Stevens, Chief Accounting Officer, earned $1.4M in 2018, a 12% increase compared to previous year.
Melissa Thomas, Chief Accounting Officer, received $812K in 2018.
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Source: SEC filing on April 26, 2019.