SMART Global Holdings CEO Ajay Shah's 2020 pay rises 10% to $6.8M
SMART Global Holdings reports 2020 executive compensation
By ExecPay News
Published: December 21, 2020
SMART Global Holdings reported fiscal year 2020 executive compensation information on December 21, 2020.
In 2020, five executives at SMART Global Holdings received on average a compensation package of $2.4M, a 12% increase compared to previous year.
Average pay of disclosed executives at SMART Global Holdings
Ajay Shah, Chief Executive Officer, received $6.8M in total, which increased by 10% compared to 2019. 99% of Shah's compensation, or $6.7M, was in stock awards. Shah also received $52K in salary and $2.2K in other compensation.
For fiscal year 2020, the median employee pay was $27,409 at SMART Global Holdings. Therefore, the ratio of Ajay Shah's pay to the median employee pay was 247 to one.
Jack Pacheco, Chief Financial Officer, received a compensation package of $1.7M, which increased by 25% compared to previous year. 35% of the compensation package, or $585K, was in option awards.
KiWan Kim, Executive Vice President, President Emerging Markets, earned $1.4M in 2020, a 53% increase compared to previous year.
Alan Marten, Senior Vice President, Specialty Memory, received $1.2M in 2020, which increases by 18% compared to 2019.
Bruce Goldberg, Chief Legal Officer, earned $1M in 2020.
SMART Global Holdings' fiscal year ends on August 28.
Related executives
Ajay Shah
SMART Global Holdings
Chief Executive Officer
Jack Pacheco
SMART Global Holdings
Chief Financial Officer
KiWan Kim
SMART Global Holdings
Executive Vice President, President Emerging Markets
Alan Marten
SMART Global Holdings
Senior Vice President, Specialty Memory
Bruce Goldberg
SMART Global Holdings
Chief Legal Officer
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Source: SEC filing on December 21, 2020.