And given last year’s very generous awards in the year of the company’s IPO, comparing 2021 pay for named executives does not yield much insight. The leaders did receive an increase in base salary. For the most recently ended year, CEO Rene Lacerte had $1.2 million in compensation, compared to $17.2 million for fiscal 2020. CEO John Rettig was paid $898,400 last year compared to $6.8 million the prior year and chief experience officer, Bora Chung, received $619,872 for fiscal 2021, compared to slightly less than $3 million the prior year. Chief legal officer Rajesh Ali was given $515,665 in his first year as a named executive. Thomas Clayton, who joined as chief revenue officer in September 2020, received $7.9 million for 2021, which included $5 million in stock grants and $2.2 million in option awards.
NO 2021 EQUITY AWARD FOR BILL.COM EXECS Featured
A change in the date of calculating equity awards left all but one of Bill.com’s named executives with no equity awards for the year ended June 30. However, equity awards were granted in July, the first month of fiscal 2022, which means those amounts will not be reported for another year by the payments software companhy.
