While this analysis focuses on total compensation, it's worth acknowledging that the salary portion is lower, valued at US$1.0m. The marketing department also pays well, with an average salary of $135,859 per year. Of this total $1,000,000 was received as a salary, $1,511,875 was received as a bonus, $0 was received in stock options, $40,010,184 was awarded as stock and $27,666 came from other types of compensation. Company: VMware 2018 Salary: $17.68 million Pat Gelsinger became CEO of the software company VMware in 2012, and since then, he’s nearly doubled the company’s size. The national average salary for a VMware employee in the United States is $124,868 per year. Each salary is associated with a real job position. Salaries at VMware differ depending on the department or organizational function. Our data indicates that VMware, Inc. has a market capitalization of US$60b, and total annual CEO compensation was reported as US$43m for the year to January 2020. VMware has cut raises and is suspending 401 (k) retirement fund matches for its employees due to the COVID-19 crisis, according to a story by Business Insider. According to our data, VMware Inc has a market capitalization of US$63b, and pays its CEO total annual compensation worth US$18m. This report is not for commercial use. Patrick Gelsinger, the chief executive officer of Silicon Valley software maker VMware Inc., was ranked the best CEO in America, according to … Thorough reviews have been conducted to assure this data accurately reflects disclosures. All proxy statements are public filings made available to the general public by the SEC. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). We think total compensation is more important but we note that the CEO salary is lower, at US$1.0m. The surprising news that Intel had snatched away VMware CEO Pat Gelsinger to replace Bob Swan and fix the troubled chip giant is weighing heavily on shares of both VMware … Jean-Pierre Brulard, Executive Vice President, Worldwide Sales CEO Name CEO Pay Median Employee Pay CEO Pay Ratio; Patrick Gelsinger: CEO Pay $42,549,725: Median Employee Pay $139,046: CEO Pay Ratio 306:1 94% of Gelsinger's compensation, or $40M, was in stock awards. Coronavirus Tips – Working and Protection, For its 2020 fiscal year, VMWARE, INC., listed the following executives on its annual proxy statement to the SEC. The average VMware salary ranges from approximately £18,841 per year for Sales and Marketing to £191,667 per year for Global Account Manager. VMware average salary is $127,089, median salary is $125,000 with a salary range from $57,012 to $375,000. Virginia ranks number 30 out of 50 states nationwide for Vmware Consultant salaries. As CEO at VMWARE, INC., Patrick Gelsinger made $42,549,725 in total compensation. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. A Vmware Engineer in your area makes on average $107,499 per year, or $5,903 (5%) less than the national average annual salary of $113,402. As seen in his Twitter bio, he is a proud grandfather. In 2020, five VMware executives received on average a compensation package of $20M, a 57% increase compared to previous year. For its 2020 fiscal year, VMWARE, INC., listed the following CEO pay ratio data on its annual proxy statement to the SEC. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. Average VMware hourly pay ranges from approximately $15.00 per hour for Customer Service Representative to $110 per hour for Senior Consultant. A Vmware Consultant in your area makes on average $109,562 per year, or $6,018 (5%) less than the national average annual salary of $115,580. We note that's an increase of 81% above last year. Virginia ranks number 23 out of 50 states nationwide for Vmware Engineer salaries. In 2020, five VMware executives received on average a compensation package of $20M, a 57% increase compared to previous year. Pat Gelsinger is happily married to his wife Linda. Gelsinger made $42.55 million at VMware last year, ranking fifth on the list with $40.01 million in stock awards. Vmware, Inc. employees with the job title Staff Software Engineer make the most with an average annual salary … A free inside look at company reviews and salaries posted anonymously by employees. You may also find the annual proxy statement by going directly to the company's website. Average pay of disclosed executives at VMware Patrick P. Gelsinger , Chief Executive Officer, received $43M in total, which increased by 81% compared to 2019. (This figure is for the year to 2018). VMware salary statistics is not exclusive and is for reference only. Salaries at Vmware, Inc. range from an average of $79,096 to $183,326 a year. The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Patrick Paul Gelsinger (born 1961) is an American business executive and engineer, currently serving as CEO of Intel.. Gelsinger is based in Silicon Valley since the late 1970s and graduated from Stanford University with a master's degree in engineering. Employees in the top 10 percent can make over $163,000 per year, while employees at the bottom 10 percent earn less than $95,000 per year. VMWARE, INC. income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Career: 30 years at Intel, where he served as the company’s first CTO, before joining VMware parent EMC in 2009 (Dell now owns EMC and is VMware’s majority shareholder). For its 2020 fiscal year, VMWARE, INC., listed the following board members on its annual proxy statement to the SEC. For fiscal year 2020, the median employee pay was $139,046 at VMware. And, he follows Christianity as his religion. The information shown here is a reporting of information included in the company's proxy statement. VMware will reportedly reduce salaries of permanent remote workers By Sead Fadilpašić 14 September 2020 If staff decide to move out of Silicon Valley, they can expect a pay cut. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. The average VMware salary ranges from approximately $15,706 per year for HR Global Process Owner to ₹11,211,089 per year for Senior Director, R&D. VMware employees rate the overall compensation and benefits package 4.3/5 stars. VMWARE, INC. annual reports of executive compensation and pay are most commonly found in the Def 14a documents. According to our data, VMware, Inc. has a market capitalization of US$60b, and paid its CEO total annual compensation worth US$43m over the year to January 2020. Here's a snapshot of what Oracle, IBM, Google, VMware, and Amazon pay new tech hires in Colorado based on 2020 federal H-1B visa-application data. Intel is changing CEOs, as Bob Swan will depart to be replaced by VMware CEO and former Intel exec Pat Gelsinger. The average VMware salary ranges from approximately $93,025 per year for Data Analyst to $199,658 per year for Strategy Manager. Hiring VMware CEO Pat Gelsinger marks a return of the prodigal son. VMware employees rate the overall compensation and benefits package 4.3/5 stars. Hibbett Sports CEO Michael Longo's 2021 pay jumps 52% to $1.9M, Hudson Global CEO Jeffrey Eberwein's 2020 pay rises 5% to $806K, Wayside Technology Group Officer and Former President of Lifeboat and Former Executive Vice President Dale Executive's 2020 pay jumps 163% to $1.3M, Green Dot CEO Dan Henry receives $16M in 2020. 6,022 VMware reviews. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. The charts on this page feature a breakdown of the total annual pay for the top executives at VMWARE, INC. as reported in their proxy statements. VMware ousted co-founder and CEO Diane Greene Tuesday, replacing her with former Microsoft executive Paul Maritz. Therefore, the ratio of Patrick P. Gelsinger's pay to the median employee pay was 306 to one. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. CRN claims that Intel Ceo Bob Swan is set to be replaced by VMware’s Pat Gelsinger. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. In fact, he is set to become the semiconductor giant’s eight CEO in the company’s 52 years history. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. Here’s how Gelsinger’s compensation package breaks down: $1.25 million base … Based on our analysis, the employees in business development earn salaries at VMware that are well above average, with yearly earnings averaging $144,586. VMware Confirms Employee Salary Freeze, CEO Pay Cut ‘We can confirm that there have been a number of cost management changes impacting the VMware workforce,’ says VMware … On January 12, 2021 VMware announced that Mr. Rowe would serve as interim Chief Executive Officer effective with the departure on February 12, 2021 of VMware’s previous CEO, Patrick Gelsinger, until VMware concludes its search for a permanent CEO. Chief Executive Officer Mark Zuckerberg said he expects as much 50% of Facebook’s global workforce to be remote in the next five to 10 years. VMware salaries are collected from government agencies and companies.
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