Liberty Latin America Ltd. CEO Balan Nair's 2021 pay jumps 128% to $38M

Liberty Latin America Ltd. reports 2021 executive compensation

By ExecPay News

Published: April 4, 2022

Liberty Latin America Ltd. reported fiscal year 2021 executive compensation information on April 4, 2022.
In 2021, six executives at Liberty Latin America Ltd. received on average a compensation package of $11M, a 81% increase compared to previous year.
Average pay of disclosed executives at Liberty Latin America Ltd.
Balan Nair, Chief Executive Officer, received $38M in total, which increased by 128% compared to 2020. 70% of Nair's compensation, or $26M, was in option awards. Nair also received $609K of change in pension value and nonqualified deferred compensation earnings, $1.3M in salary, $9.3M in stock awards, as well as $157K in other compensation.
For fiscal year 2021, the median employee pay was $35,621 at Liberty Latin America Ltd.. Therefore, the ratio of Balan Nair's pay to the median employee pay was 1,055 to one.
Christopher Noyes, Chief Financial Officer, received a compensation package of $7.6M, which increased by 101% compared to previous year. 51% of the compensation package, or $3.9M, was in option awards.
Vivek Khemka, General Manager of VTR and Former Senior Vice President & Chief Technology and Product Officer, earned $7.1M in 2021, a 89% increase compared to previous year.
John Winter, Chief Legal Officer, received $6.5M in 2021, which increases by 87% compared to 2020.
Betzalel Kenigsztein, Chief Operating Officer, earned $5.3M in 2021, a 30% increase compared to previous year.
Rocio Lorenzo, Senior Vice President & Chief Customer Officer, received $4.6M in 2021.

Related executives

Balan Nair

Liberty Latin America Ltd.

Chief Executive Officer

Christopher Noyes

Liberty Latin America Ltd.

Chief Financial Officer

Rocio Lorenzo

Liberty Latin America Ltd.

Senior Vice President & Chief Customer Officer

John Winter

Liberty Latin America Ltd.

Chief Legal Officer

Betzalel Kenigsztein

Liberty Latin America Ltd.

Chief Operating Officer

Vivek Khemka

Liberty Latin America Ltd.

General Manager of VTR and Former Senior Vice President & Chief Technology and Product Officer

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Source: SEC filing on April 4, 2022.