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LOWER OPTIONS CUT AVALARA EXEC PAY Featured

 Lower option awards cause a drop for three named executives at sales tax company Avalara in 2020. As a result, compensation for CEO Scott McFarlane fell to $9.2 million last year, off 16.2 percent from slightly less than $11 million in 2019.

 McFarlane received options awards valued at $2.4 million last year, down 64 percent from $6.8 million the prior year.

In his first year as CFO, Ross Tennenbaum was paid $3.7 million, which included stock awards of slightly more than $2 million. He replaced William Ingram, who retired with $263,802 in pay in his last year.

President and COO Amit Mathradas saw a 51.4-percent decline year to year. His 2020 compensation was $3.6 million, down from $7.3 million. His 2019 pay included a sign-on bonus of $300,000. The big fall-off came in stock award which dropped 58.6 percent to $1.8 million from $4.3 million. He also had a 56-percent fall In stock options

Chief Legal Officer Alesia Pinney earned $1.69 million last year, 8.2-percent less than $1.8 million in 2019.

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