Vivint Solar CEO David Bywater's 2018 pay jumps 153% to $3.4M
Vivint Solar reports 2018 executive compensation
By ExecPay News
Published: April 24, 2020
Vivint Solar reported fiscal year 2018 executive compensation information on April 24, 2020.
In 2018, five executives at Vivint Solar received on average a compensation package of $2.2M, a 56% increase compared to previous year.
David Bywater, Chief Executive Officer, received $3.4M in total, which increased by 153% compared to 2017. 30% of Bywater's compensation, or $1M, was in option awards. Bywater also received $650K in non-equity incentive plan, $660K in salary, $1M in stock awards, as well as $56K in other compensation.
Dana C. Russell, Chief Financial Officer, received a compensation package of $3.1M, which increased by 104% compared to previous year. 38% of the compensation package, or $1.2M, was in stock awards.
Thomas Plagemann, Chief Commercial Officer; Executive Vice President, Capital Markets, earned $2.2M in 2018, a 64% increase compared to previous year.
Paul S. Dickson, Chief Revenue Officer, received $1.2M in 2018, which decreases by 19% compared to 2017.
L. Chance Allred, Chief Sales Officer, earned $1.2M in 2018, a 7% decrease compared to previous year.