RingCentral CEO Vladimir Shmunis' 2020 pay jumps 94% to $19M
RingCentral reports 2020 executive compensation
By ExecPay News
Published: April 29, 2021
RingCentral reported fiscal year 2020 executive compensation information on April 29, 2021.
In 2020, five executives at RingCentral received on average a compensation package of $12M, a 36% increase compared to previous year.
Average pay of disclosed executives at RingCentral
Vladimir Shmunis, Chief Executive Officer, received $19M in total, which increased by 94% compared to 2019. 95% of Shmunis' compensation, or $18M, was in stock awards. Shmunis also received $905K in non-equity incentive plan, $4.8K in salary, as well as $576 in other compensation.
For fiscal year 2020, the median employee pay was $128,336 at RingCentral. Therefore, the ratio of Vladimir Shmunis' pay to the median employee pay was 149 to one.
Anand Eswaran, Chief Operating Officer, received a compensation package of $19M. 92% of the compensation package, or $17M, was in stock awards.
Mitesh Dhruv, Chief Financial Officer, earned $9.9M in 2020, a 57% decrease compared to previous year.
John Marlow, Chief Administrative Officer, received $7.3M in 2020, which increases by 164% compared to 2019.
Praful Shah, Chief Strategy Officer, earned $3.3M in 2020, a 36% increase compared to previous year.
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Source: SEC filing on April 29, 2021.