Teradyne CEO Mark Jagiela's 2020 pay jumps 29% to $10M
Teradyne reports 2020 executive compensation
By ExecPay News
Published: March 26, 2021
Teradyne reported fiscal year 2020 executive compensation information on March 26, 2021.
In 2020, six Teradyne executives received on average a compensation package of $3.6M, a 5% decrease compared to previous year.
Mark E. Jagiela, Chief Executive Officer, received $10M in total, which increased by 29% compared to 2019. 61% of Jagiela's compensation, or $6.3M, was in stock awards. Jagiela also received $595K in bonus, $61K of change in pension value and nonqualified deferred compensation earnings, $1.8M in non-equity incentive plan, $650K in option awards, $955K in salary, as well as $66K in other compensation.
For fiscal year 2020, the median employee pay was $102,455 at Teradyne. Therefore, the ratio of Mark E. Jagiela's pay to the median employee pay was 101 to one.
Sanjay Mehta, Chief Financial Officer, received a compensation package of $3.1M, which decreased by 29% compared to previous year. 48% of the compensation package, or $1.5M, was in stock awards.
Bradford B. Robbins, President, Wireless Test, earned $2.5M in 2020, a 11% increase compared to previous year.
Gregory S. Smith, President, Industrial Automation, received $2.1M in 2020, which increases by 17% compared to 2019.
Charles J. Gray, General Counsel, earned $2M in 2020, a 17% increase compared to previous year.
Richard J. Burns, President, Semiconductor Test, received $1.5M in 2020.