Xerox Holdings Corp CEO Giovanni Visentin's 2021 pay falls 32% to $12M
Xerox Holdings Corp reports 2021 executive compensation
By ExecPay News
Published: April 6, 2022
Xerox Holdings Corp reported fiscal year 2021 executive compensation information on April 6, 2022.
In 2021, five executives at Xerox Holdings Corp received on average a compensation package of $5M, a 25% decrease compared to previous year.
Average pay of disclosed executives at Xerox Holdings Corp
Giovanni John Visentin, Chief Executive Officer, received $12M in total, which decreased by 32% compared to 2020. 81% of Visentin's compensation, or $10M, was in stock awards. Visentin also received $1.2M in non-equity incentive plan, $1.2M in salary, as well as $52K in other compensation.
For fiscal year 2021, the median employee pay was $46,676 at Xerox Holdings Corp. Therefore, the ratio of Giovanni John Visentin's pay to the median employee pay was 266 to one.
Steven J. Bandrowczak, President and Chief Operations Officer, received a compensation package of $4.5M, which decreased by 23% compared to previous year. 81% of the compensation package, or $3.7M, was in stock awards.
Xavier Heiss, Chief Financial Officer, earned $3.4M in 2021, a 9% increase compared to previous year.
Louis J. Pastor, Chief Legal Officer, received $2.4M in 2021, which decreases by 20% compared to 2020.
Michael D. Feldman, Executive Vice President, President Americas Operations, earned $2.3M in 2021, a 30% decrease compared to previous year.
Related executives
Giovanni Visentin
Xerox Holdings Corp
Chief Executive Officer
Steven Bandrowczak
Xerox Holdings Corp
President and Chief Operations Officer
Xavier Heiss
Xerox Holdings Corp
Chief Financial Officer
Michael Feldman
Xerox Holdings Corp
Executive Vice President, President Americas Operations
Louis Pastor
Xerox Holdings Corp
Chief Legal Officer
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Source: SEC filing on April 6, 2022.