Kratos Defense & Security Solutions CEO Eric DeMarco's 2019 pay rises 3% to $5.7M

Kratos Defense & Security Solutions reports 2019 executive compensation

By ExecPay News

Published: April 24, 2020

Kratos Defense & Security Solutions reported fiscal year 2019 executive compensation information on April 24, 2020.

In 2019, five executives at Kratos Defense & Security Solutions received on average a compensation package of $2.7M, a 32% increase compared to previous year.

Average pay of disclosed executives at Kratos Defense & Security Solutions

Eric DeMarco, Chief Executive Officer, received $5.7M in total, which increased by 3% compared to 2018. 75% of DeMarco's compensation, or $4.3M, was in stock awards. DeMarco also received $552K in bonus, $760K in salary, as well as $97K in other compensation.

For fiscal year 2019, the median employee pay was $63,056 at Kratos Defense & Security Solutions. Therefore, the ratio of Eric DeMarco's pay to the median employee pay was 90 to one.

Deanna Lund, Chief Financial Officer, received a compensation package of $2.9M, which increased by 14% compared to previous year. 74% of the compensation package, or $2.1M, was in stock awards.

Phillip Carrai, President, Technology Training Solutions Division, earned $2.1M in 2019, a 12% increase compared to previous year.

Steven Fendley, President, Unmanned Systems Division, received $1.6M in 2019, which increases by 247% compared to 2018.

Jonah Adelman, President, Microwave Electronics Division, earned $1M in 2019, a 8% increase compared to previous year.

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