Vivint Smart Home CEO David Bywater receives $34M in 2021
Vivint Smart Home reports 2021 executive compensation
By ExecPay News
Published: April 15, 2022
Vivint Smart Home reported fiscal year 2021 executive compensation information on April 15, 2022.
In 2021, seven executives at Vivint Smart Home received on average a compensation package of $15M, a 13% decrease compared to previous year.
David H. Bywater, Chief Executive Officer, received $34M in total. 73% of Bywater's compensation, or $25M, was in stock awards. Bywater also received $8.1M in bonus, $176K in non-equity incentive plan, $560K in salary, as well as $101K in other compensation.
For fiscal year 2021, the median employee pay was $48,024 at Vivint Smart Home. Therefore, the ratio of David H. Bywater's pay to the median employee pay was 700 to one.
Todd R. Pedersen, Chief Executive Officer, received a compensation package of $27M, which decreased by 25% compared to previous year. 97% of the compensation package, or $26M, was in stock awards.
Shawn J. Lindquist, Chief Legal Officer, earned $14M in 2021, a 19% decrease compared to previous year.
Todd M. Santiago, Chief Revenue Officer, received $10M in 2021, which decreases by 41% compared to 2020.
Dale R. Gerard, Chief Financial Officer, earned $8.6M in 2021, a 40% decrease compared to previous year.
JT Hwang, Chief Technology Officer, received $8M in 2021, which decreases by 42% compared to 2020.
Daniel J. Garen, Chief Compliance Officer, earned $4.9M in 2021.
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