Kelly has two blocks of stock grants. One is for 426,842 shares, which vests on Sept. 30, 2017, which is valued at about $3 million. The other for 213,421 shares, which vests on Sept. 30, 2020, is worth about $2.3 million. No executives from North America are included in the compensation report. CFO Steve Hare received $1.6 million in compensation for fiscal 2015. Former CEO Guy Berruyer made about $2.4 million in fiscal 2014, his last full year with the company.
SAGE PAID CEO $2.3M IN 2015 Featured
The Sage Group paid CEO Steve Kelly about $2.3 million for the year ended September 30, according to the remuneration section of the company's 2015 annual report. That was for Kelly's first year running the software company. He started in November. Those numbers include salary, benefits, bonus and pension. The reports for remuneration in the United Kingdom do not lump in the value of stock and option grants as is the practice in this country.
