Infinera CFO Nancy Erba's 2019 pay jumps 128% to $4M
Infinera reports 2019 executive compensation
By ExecPay News
Published: April 14, 2020
Infinera reported fiscal year 2019 executive compensation information on April 14, 2020.
In 2019, six Infinera executives received on average a compensation package of $2.8M, a 16% increase compared to previous year.
Average pay of disclosed executives at Infinera
Nancy Erba, Chief Financial Officer, received $4M in total. 92% of Erba's compensation, or $3.7M, was in stock awards. Erba also received $130K in non-equity incentive plan, $167K in salary, as well as $2.4K in other compensation.
For fiscal year 2019, the median employee pay was $90,432 at Infinera. Therefore, the ratio of Nancy Erba's pay to the median employee pay was 44 to one.
David W. Heard, Chief Operating Officer, received a compensation package of $3.5M, which increased by 53% compared to previous year. 62% of the compensation package, or $2.2M, was in stock awards.
Thomas J. Fallon, Chief Executive Officer, earned $3M in 2019, a 39% decrease compared to previous year.
Brad D. Feller, Chief Financial Officer, received $2.9M in 2019, which increases by 66% compared to 2018.
Robert J. Jandro, Senior Vice President, Worldwide Sales, earned $1.9M in 2019, a 38% increase compared to previous year.
David L. Teichmann, Chief Legal Officer, received $1.6M in 2019.
Infinera's fiscal year ends on December 25.
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Source: SEC filing on April 14, 2020.