Infinera CEO Thomas Fallon's 2011 pay jumps 98% to $3.7M
Infinera reports 2011 executive compensation
By ExecPay News
Published: March 30, 2012
Infinera reported fiscal year 2011 executive compensation information on March 30, 2012.
In 2011, five Infinera executives received on average a compensation package of $1.7M, a 25% increase compared to previous year.
Average pay of disclosed executives at Infinera
Thomas J. Fallon, Chief Executive Officer, received $3.7M in total, which increased by 98% compared to 2010. 59% of Fallon's compensation, or $2.2M, was in option awards. Fallon also received $300K in salary and $1.2M in stock awards.
David F. Welch, President, received a compensation package of $1.4M, which decreased by 9% compared to previous year. 53% of the compensation package, or $735K, was in option awards.
Michael O. McCarthy III, Chief Legal and Administrative Officer, earned $1.2M in 2011, a 5% increase compared to previous year.
Ita M. Brennan, Chief Financial Officer, received $1.2M in 2011, which decreases by 4% compared to 2010.
Ronald D. Martin, former Senior Vice President, Worldwide Sales, earned $1.1M in 2011, a 15% increase compared to previous year.
Infinera's fiscal year ends on December 25.
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Source: SEC filing on March 30, 2012.