In 2023, Vinayak R. Hegde earned $2.32M in total compensation at Gannett, including $900.00K salary, $875.56K bonus and $547.03K in stock. Most recently acquired 184 shares in Sep 2024. Currently holds stock worth $66.19M. 4+ years at the helm of Gannett.
Compensation History
Annual executive compensation data for Vinayak R. Hegde, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$2.32M
Salary
$900.00K
Bonus
$875.56K
Other
$0.00
Salary
$900.00KBoard Justification
The compensation philosophy is designed to attract and retain executives with the requisite skills and experience to help achieve business objectives and drive long-term stockholder value.
Bonus
$875.56KBoard Justification
The bonus structure for our NEOs was 75% Company financial goals and 25% individual performance goals, with Mr. Reed earning 77.8% of his target bonus based on performance results for fiscal year 2023.
Other Compensation
$0.00Board Justification
No other compensation was reported for 2023.
Restricted Stock
Board Justification
Includes RSAs granted in 2022 and PSUs granted in 2021 that vested in 2023.
Performance Metrics
The performance metrics included Adjusted EBITDA and Digital Revenues, which are critical for evaluating financial performance.
Vinayak R. Hegde
CEO of Gannett
Sector of Economy
Communication Services
CEO of Gannett for
4 years 9 months (Feb 2021 - Present)
Previous Experience
Unknown
Other Gannett CEOs
Holdings
Track Vinayak R. Hegde's stock holdings and portfolio value over time.
Total Stock Sold
$47.26K
$47.26K
3,115.3 UP shares
What if they kept their stock?
If Vinayak R. Hegde didn't sell their stock, today they would have:
Extra UP3,115.3 shares worth $2.08K.
This is -95.61% and $45.18K less than what they got when they sold the stock.
Insider Trading
Vinayak R. Hegde's recent stock transactions, purchases, and sales filed with the SEC.
184 shares
CACC
Sep 4, 2024
Received
$15.14K
UP at $1.58/share
Nov 7, 2022
Sale
$32.17K
UP at $1.49/share
Sep 19, 2022
Sale
1,377,411 shares
UP
Feb 8, 2022
Received
719,127 shares
UP
Sep 17, 2021
Received
Rivals
Compare Vinayak R. Hegde with competitor CEOs and industry peers.