Kratos Defense & Security Solutions CEO Eric DeMarco's 2021 pay rises 15% to $9.5M

Kratos Defense & Security Solutions reports 2021 executive compensation

By ExecPay News

Published: April 22, 2022

Kratos Defense & Security Solutions reported fiscal year 2021 executive compensation information on April 22, 2022.

In 2021, five executives at Kratos Defense & Security Solutions received on average a compensation package of $4.7M, a 23% increase compared to previous year.

Average pay of disclosed executives at Kratos Defense & Security Solutions

Eric DeMarco, Chief Executive Officer, received $9.5M in total, which increased by 15% compared to 2020. 83% of DeMarco's compensation, or $7.9M, was in stock awards. DeMarco also received $760K in bonus, $760K in salary, as well as $68K in other compensation.

For fiscal year 2021, the median employee pay was $75,137 at Kratos Defense & Security Solutions. Therefore, the ratio of Eric DeMarco's pay to the median employee pay was 126 to one.

Deanna Lund, Chief Financial Officer, received a compensation package of $4.8M, which increased by 23% compared to previous year. 82% of the compensation package, or $4M, was in stock awards.

Steven Fendley, President, Unmanned Systems Division, earned $4.4M in 2021, a 54% increase compared to previous year.

Phillip Carrai, President, Space, Training Cyber Solutions Division, received $3.3M in 2021, which increases by 20% compared to 2020.

Jonah Adelman, President, Microwave Electronics Division, earned $1.4M in 2021, a 14% increase compared to previous year.

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