Nevro General Counsel Kashif Rashid receives $1.9M in 2018
Nevro reports 2018 executive compensation
By ExecPay News
Published: April 10, 2019
Nevro reported fiscal year 2018 executive compensation information on April 10, 2019.
In 2018, five Nevro executives received on average a compensation package of $1.2M, a 71% decrease compared to previous year.
Average pay of disclosed executives at Nevro
Kashif Rashid, General Counsel, received $1.9M in total. 37% of Rashid's compensation, or $687K, was in stock awards. Rashid also received $147K in non-equity incentive plan, $677K in option awards, $350K in salary, as well as $5K in other compensation.
For fiscal year 2018, the median employee pay was $189,044 at Nevro. Therefore, the ratio of Kashif Rashid's pay to the median employee pay was 10 to one.
Rami Elghandour, Chief Executive Officer, received a compensation package of $1.3M, which decreased by 90% compared to previous year. 54% of the compensation package, or $700K, was in salary.
Doug Alleavitch, Vice President, Quality, earned $1.2M in 2018, a 22% decrease compared to previous year.
Patrick Schmitz, Vice President, Operations, received $1.2M in 2018, which decreases by 22% compared to 2017.
Andrew H. Galligan, Chief Financial Officer, earned $693K in 2018, a 75% decrease compared to previous year.
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Source: SEC filing on April 10, 2019.