Rapid7 CEO Corey Thomas' 2021 pay rises 20% to $11M
Rapid7 reports 2021 executive compensation
By ExecPay News
Published: April 21, 2022
Rapid7 reported fiscal year 2021 executive compensation information on April 21, 2022.
In 2021, five Rapid7 executives received on average a compensation package of $6.9M, a 61% increase compared to previous year.
Average pay of disclosed executives at Rapid7
Corey Thomas, Chief Executive Officer, received $11M in total, which increased by 20% compared to 2020. 96% of Thomas' compensation, or $10M, was in stock awards. Thomas also received $443K in salary and $3K in other compensation.
For fiscal year 2021, the median employee pay was $142,145 at Rapid7. Therefore, the ratio of Corey Thomas' pay to the median employee pay was 75 to one.
Andrew Burton, Chief Operating Officer, received a compensation package of $9.3M, which increased by 133% compared to previous year. 96% of the compensation package, or $8.9M, was in stock awards.
Jeff Kalowski, Chief Financial Officer, earned $7.4M in 2021, a 89% increase compared to previous year.
Lee Weiner, Chief Innovation Officer, received $3.9M in 2021, which increases by 57% compared to 2020.
Christina Luconi, Chief People Officer, earned $3.3M in 2021, a 49% increase compared to previous year.
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Source: SEC filing on April 21, 2022.