Rapid7 CEO Corey Thomas' 2019 pay rises 11% to $5.6M
Rapid7 reports 2019 executive compensation
By ExecPay News
Published: April 22, 2020
Rapid7 reported fiscal year 2019 executive compensation information on April 22, 2020.
In 2019, five Rapid7 executives received on average a compensation package of $3.4M, a 21% increase compared to previous year.
Average pay of disclosed executives at Rapid7
Corey Thomas, Chief Executive Officer, received $5.6M in total, which increased by 11% compared to 2018. 86% of Thomas' compensation, or $4.8M, was in stock awards. Thomas also received $407K in non-equity incentive plan, $375K in salary, as well as $4K in other compensation.
For fiscal year 2019, the median employee pay was $115,500 at Rapid7. Therefore, the ratio of Corey Thomas' pay to the median employee pay was 49 to one.
Andrew Burton, Chief Operating Officer, received a compensation package of $3.9M, which increased by 3% compared to previous year. 83% of the compensation package, or $3.2M, was in stock awards.
Lee Weiner, Chief Innovation Officer, earned $2.7M in 2019, a 8% decrease compared to previous year.
Jeff Kalowski, Chief Financial Officer, received $2.5M in 2019, which increases by 302% compared to 2018.
Christina Luconi, Chief People Officer, earned $2.1M in 2019, a 32% increase compared to previous year.
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Source: SEC filing on April 22, 2020.