Infinera CEO Thomas Fallon's 2018 pay stays at $4.9M
Infinera reports 2018 executive compensation
By ExecPay News
Published: April 10, 2019
Infinera reported fiscal year 2018 executive compensation information on April 10, 2019.
In 2018, five Infinera executives received on average a compensation package of $2.4M, a 16% decrease compared to previous year.
Average pay of disclosed executives at Infinera
Thomas J. Fallon, Chief Executive Officer, received $4.9M in total, which is about the same as previous year. 89% of Fallon's compensation, or $4.4M, was in stock awards. Fallon also received $520K in salary and $468 in other compensation.
For fiscal year 2018, the median employee pay was $100,860 at Infinera. Therefore, the ratio of Thomas J. Fallon's pay to the median employee pay was 48 to one.
David W. Heard, Chief Operating Officer, received a compensation package of $2.3M, which decreased by 24% compared to previous year. 78% of the compensation package, or $1.8M, was in stock awards.
David F. Welch, Chief Innovation Officer, earned $1.8M in 2018, a 62% decrease compared to previous year.
Brad D. Feller, Chief Financial Officer, received $1.8M in 2018, which increases by 6% compared to 2017.
Robert J. Jandro, Senior Vice President, Worldwide Sales, earned $1.4M in 2018, a 10% decrease compared to previous year.
Infinera's fiscal year ends on December 25.
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Source: SEC filing on April 10, 2019.