LinkedIn top execs harvest pay raises

Executives with LinkedIn harvested significant pay raises during 2015, according to a new regulatory filing.

LinkedIn’s chief executive officer, chief financial officer, the head of global solutions and the head of engineering and operations all received bumps in their total direct compensation, a company filing with the Securities and Exchange Commission shows. The general counsel’s pay was reduced.

CEO Jeffrey Weiner received total compensation of $19.9 million in 2015, which was up 27 percent from 2014. Weiner’s pay during 2015 was fueled primarily by stock grants and stock option packages totaling $17.3 million.

Weiner also received $967,000 in base salary, which was up 17.2 percent from the prior year.

J. Kevin Scott, executive vice president of engineering and operations, landed $11.3 million in total direct compensation during 2015, a 20.4 percent increase from his total pay in 2014, according to the SEC documents,

Michael Gamson, executive vice president of global solutions, was awarded $7.4 million in total pay in 2015, up 13.1 percent from the year before.

Chief Financial Officer Steven Sordello was awarded $7.4 in total direct compensation in 2015, an increase of 12.9 from 2014.

General Counsel Michael Callahan underwent a pay reduction, receiving $2.6 million in total pay, which was down 71.6 percent from 2014.

 

Photo: LinkedIn CEO Jeffrey Weiner. Associated Press photo

 

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