Proto Labs CEO Victoria Holt's 2020 pay rises 2% to $3.4M
Proto Labs reports 2020 executive compensation
By ExecPay News
Published: April 6, 2021
Proto Labs reported fiscal year 2020 executive compensation information on April 6, 2021.
In 2020, five Proto Labs executives received on average a compensation package of $1.5M, a 5% increase compared to previous year.
Average pay of disclosed executives at Proto Labs
Victoria M. Holt, Chief Executive Officer, received $3.4M in total, which increased by 2% compared to 2019. 68% of Holt's compensation, or $2.3M, was in stock awards. Holt also received $73K in non-equity incentive plan, $425K in option awards, $583K in salary, as well as $11K in other compensation.
For fiscal year 2020, the median employee pay was $46,777 at Proto Labs. Therefore, the ratio of Victoria M. Holt's pay to the median employee pay was 73 to one.
John A. Way, Chief Financial Officer, received a compensation package of $1.4M, which decreased by 1% compared to previous year. 53% of the compensation package, or $714K, was in stock awards.
Robert Bodor, Vice President/General Manager - Americas, earned $1M in 2020, a 1% increase compared to previous year.
Arthur R. Baker III, Chief Technology Officer, received $976K in 2020, which is about the same as previous year.
Bjoern Klaas, Vice President and Managing Director - Europe, Middle East and Africa, earned $779K in 2020, a 8% decrease compared to previous year.
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Source: SEC filing on April 6, 2021.