Proofpoint CEO Gary Steele's 2019 pay falls 87% to $8.4M
Proofpoint reports 2019 executive compensation
By ExecPay News
Published: April 24, 2020
Proofpoint reported fiscal year 2019 executive compensation information on April 24, 2020.
In 2019, five Proofpoint executives received on average a compensation package of $4.5M, a 72% decrease compared to previous year.
Average pay of disclosed executives at Proofpoint
Gary Steele, Chief Executive Officer, received $8.4M in total, which decreased by 87% compared to 2018. 86% of Steele's compensation, or $7.3M, was in stock awards. Steele also received $621K in non-equity incentive plan, $531K in salary, as well as $2.5K in other compensation.
For fiscal year 2019, the median employee pay was $157,971 at Proofpoint. Therefore, the ratio of Gary Steele's pay to the median employee pay was 53 to one.
Paul Auvil, Chief Financial Officer, received a compensation package of $4.6M, which decreased by 57% compared to previous year. 82% of the compensation package, or $3.8M, was in stock awards.
David Knight, Executive Vice President and General Manager, Security Products, earned $3.8M in 2019, a 18% decrease compared to previous year.
Blake Sall, Executive Vice President, Worldwide Sales, received $3M in 2019, which decreases by 38% compared to 2018.
Bhagwat Swaroop, Executive Vice President, Industry Solutions and Business Development, earned $2.6M in 2019, which is about the same as previous year.
Related executives
Gary Steele
Proofpoint
Chief Executive Officer
Paul Auvil
Proofpoint
Chief Financial Officer
David Knight
Proofpoint
Executive Vice President and General Manager, Security Products
Blake Sall
Proofpoint
Executive Vice President, Worldwide Sales
Bhagwat Swaroop
Proofpoint
Executive Vice President, Industry Solutions and Business Development
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Source: SEC filing on April 24, 2020.