Veoneer CEO Jan Carlson's 2020 pay jumps 54% to $6.5M
Veoneer reports 2020 executive compensation
By ExecPay News
Published: March 29, 2021
Veoneer reported fiscal year 2020 executive compensation information on March 29, 2021.
In 2020, five Veoneer executives received on average a compensation package of $3.1M, a 94% increase compared to previous year.
Average pay of disclosed executives at Veoneer
Jan Carlson, Chief Executive Officer, received $6.5M in total, which increased by 54% compared to 2019. 35% of Carlson's compensation, or $2.3M, was in non-equity incentive plan. Carlson also received $1M in bonus, $1.8M in salary, $642K in stock awards, as well as $759K in other compensation.
For fiscal year 2020, the median employee pay was $54,265 at Veoneer. Therefore, the ratio of Jan Carlson's pay to the median employee pay was 120 to one.
Nishant Batra, Chief Technology Officer, received a compensation package of $3.3M, which increased by 185% compared to previous year. 57% of the compensation package, or $1.8M, was in stock awards.
Mats Backman, Chief Financial Officer, earned $2.2M in 2020, a 22% increase compared to previous year.
Matthias Bieler, EVP Business Unit Europe, received $1.9M in 2020.
Lars Sjöbring, General Counsel, earned $1.8M in 2020, a 34% increase compared to previous year.
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Source: SEC filing on March 29, 2021.