Nevro CEO D Grossman's 2020 pay falls 35% to $9M
Nevro reports 2020 executive compensation
By ExecPay News
Published: April 12, 2021
Nevro reported fiscal year 2020 executive compensation information on April 12, 2021.
In 2020, five Nevro executives received on average a compensation package of $3.8M, a 21% decrease compared to previous year.
Average pay of disclosed executives at Nevro
D. Keith Grossman, Chief Executive Officer, received $9M in total, which decreased by 35% compared to 2019. 84% of Grossman's compensation, or $7.6M, was in stock awards. Grossman also received $651K in non-equity incentive plan, $742K in salary, as well as $5K in other compensation.
For fiscal year 2020, the median employee pay was $159,039 at Nevro. Therefore, the ratio of D. Keith Grossman's pay to the median employee pay was 57 to one.
Roderick H. MacLeod, Chief Financial Officer, received a compensation package of $3.5M. 90% of the compensation package, or $3.2M, was in stock awards.
Niamh Pellegrini, Chief Commercial Officer, earned $2.9M in 2020, a 42% decrease compared to previous year.
Kashif Rashid, General Counsel, received $2.6M in 2020, which increases by 192% compared to 2019.
Andrew H. Galligan, Chief Financial Officer, earned $777K in 2020, a 41% decrease compared to previous year.
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Source: SEC filing on April 12, 2021.