RealNetworks President, Real Networks Massimiliano Pellegrini's 2019 pay falls 41% to $680K
RealNetworks reports 2019 executive compensation
By ExecPay News
Published: October 30, 2020
RealNetworks reported fiscal year 2019 executive compensation information on October 30, 2020.
In 2019, four executives at RealNetworks received on average a compensation package of $565K, a 21% decrease compared to previous year.
Massimiliano Pellegrini, President, Real Networks, received $680K in total, which decreased by 41% compared to 2018. 66% of Pellegrini's compensation, or $450K, was in salary. Pellegrini also received $225K in non-equity incentive plan and $5.2K in other compensation.
For fiscal year 2019, the median employee pay was $60,751 at RealNetworks. Therefore, the ratio of Massimiliano Pellegrini's pay to the median employee pay was 11 to one.
Cary Baker, Chief Financial Officer, received a compensation package of $578K, which decreased by 9% compared to previous year. 58% of the compensation package, or $335K, was in salary.
Michael Parham, General Counsel, earned $502K in 2019, a 11% decrease compared to previous year.
Robert Glaser, Chief Executive Officer, received $499K in 2019, which decreases by 55% compared to 2018.