RealNetworks President, Real Networks Massimiliano Pellegrini's 2018 pay jumps 100% to $1.2M
RealNetworks reports 2018 executive compensation
By ExecPay News
Published: September 20, 2019
RealNetworks reported fiscal year 2018 executive compensation information on September 20, 2019.
In 2018, five executives at RealNetworks received on average a compensation package of $713K, a 4% increase compared to previous year.
Average pay of disclosed executives at RealNetworks
Massimiliano Pellegrini, President, Real Networks, received $1.2M in total, which increased by 100% compared to 2017. 45% of Pellegrini's compensation, or $518K, was in option awards. Pellegrini also received $25K in bonus, $155K in non-equity incentive plan, $446K in salary, as well as $7.8K in other compensation.
For fiscal year 2018, the median employee pay was $57,383 at RealNetworks. Therefore, the ratio of Massimiliano Pellegrini's pay to the median employee pay was 20 to one.
Robert Glaser, Chief Executive Officer, received a compensation package of $1.1M, which decreased by 30% compared to previous year. 47% of the compensation package, or $525K, was in salary.
Cary Baker, Chief Financial Officer, earned $637K in 2018, a 8% decrease compared to previous year.
Michael Parham, General Counsel, received $566K in 2018, which increases by 24% compared to 2017.
William Patrizio, Former President, Consumer Media, earned $102K in 2018, a 86% decrease compared to previous year.
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Source: SEC filing on September 20, 2019.