Kratos Defense & Security Solutions CEO Eric DeMarco's 2018 pay jumps 54% to $5.5M

Kratos Defense & Security Solutions reports 2018 executive compensation

By ExecPay News

Published: March 29, 2019

Kratos Defense & Security Solutions reported fiscal year 2018 executive compensation information on March 29, 2019.

In 2018, six executives at Kratos Defense & Security Solutions received on average a compensation package of $2M, a 29% increase compared to previous year.

Average pay of disclosed executives at Kratos Defense & Security Solutions

Eric DeMarco, Chief Executive Officer, received $5.5M in total, which increased by 54% compared to 2017. 75% of DeMarco's compensation, or $4.1M, was in stock awards. DeMarco also received $543K in bonus, $760K in salary, as well as $67K in other compensation.

For fiscal year 2018, the median employee pay was $67,487 at Kratos Defense & Security Solutions. Therefore, the ratio of Eric DeMarco's pay to the median employee pay was 82 to one.

Deanna Lund, Chief Financial Officer, received a compensation package of $2.5M, which increased by 51% compared to previous year. 70% of the compensation package, or $1.8M, was in stock awards.

Phillip Carrai, President, Technology Training Solutions Division, earned $1.9M in 2018, a 33% increase compared to previous year.

Jonah Adelman, President, Microwave Electronics Division, received $952K in 2018, which increases by 39% compared to 2017.

Benjamin Goodwin, Senior Vice President, Corporate Development & Government Affairs, earned $790K in 2018, a 48% increase compared to previous year.

Steven Fendley, President, Unmanned Systems Division, received $465K in 2018, which decreases by 69% compared to 2017.

Kratos Defense & Security Solutions' fiscal year ends on December 29.