Rapid7 CEO Corey Thomas' 2020 pay jumps 58% to $8.9M
Rapid7 reports 2020 executive compensation
By ExecPay News
Published: April 22, 2021
Rapid7 reported fiscal year 2020 executive compensation information on April 22, 2021.
In 2020, five Rapid7 executives received on average a compensation package of $4.3M, a 28% increase compared to previous year.
Average pay of disclosed executives at Rapid7
Corey Thomas, Chief Executive Officer, received $8.9M in total, which increased by 58% compared to 2019. 95% of Thomas' compensation, or $8.4M, was in stock awards. Thomas also received $443K in salary and $3K in other compensation.
For fiscal year 2020, the median employee pay was $130,553 at Rapid7. Therefore, the ratio of Corey Thomas' pay to the median employee pay was 68 to one.
Andrew Burton, Chief Operating Officer, received a compensation package of $4M, which increased by 3% compared to previous year. 91% of the compensation package, or $3.6M, was in stock awards.
Jeff Kalowski, Chief Financial Officer, earned $3.9M in 2020, a 57% increase compared to previous year.
Lee Weiner, Chief Innovation Officer, received $2.5M in 2020, which decreases by 7% compared to 2019.
Christina Luconi, Chief People Officer, earned $2.2M in 2020, a 3% increase compared to previous year.
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Source: SEC filing on April 22, 2021.