Sundar PichaiSundar Pichai earned $164M in 2023

Vinayak R. Hegde is the CEO of Gannett Co., Inc., where he has been leading since February 2021. Under his leadership, Gannett has focused on digital expansion, leveraging technology to transform traditional media. His financial acumen is demonstrated through significant...

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Vinayak R. Hegde

CEO of Gannett

Sector of Economy

Communication Services

CEO of Gannett for

4 years 3 months (Feb 2021 - Present)

Previous Experience

Unknown

Rivals

Competitors/colleagues of Vinayak R. Hegde

Holdings

See how much did Vinayak R. Hegde make over time.

Vinayak R. Hegde has engaged in significant insider trading activities, particularly in 2021, where his transactions peaked at over $5 million in a single month, showcasing his confident stance on Gannett’s stock. Over time, his holdings reflected vibrant fluctuations, increasing...

Mar 18, 2025

Total Stock Sold

$472.57K

UP

$472.57K

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 $359.82K.
This is -23.86% and $112.76K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Vinayak R. Hegde.

CACC

92 shares

CACC

Sep 4, 2024

Received

UP

$15.14K

UP at $1.58/share

Nov 7, 2022

Sale

UP

$32.17K

UP at $1.49/share

Sep 19, 2022

Sale

UP

1,377,411 shares

UP

Feb 8, 2022

Received

UP

719,127 shares

UP

Sep 17, 2021

Received

Compensation History

See how much did Vinayak R. Hegde make over time.

In 2023, Vinayak R. Hegde's total compensation was about $3.86 million, which includes a salary of $900,000 and a performance-based bonus of $876,000. His structured pay reinforces a focus on achieving company financial metrics, specifically Adjusted EBITDA and Digital Revenues. His long-term incentive plan has vested stock awards valued significantly, accumulating strong financial motivation directly tied to Gannett's success. The breakdown of his compensation shows a clear strategy aimed at retaining top executive talent to drive sustained growth. Year-on-year, Hegde has shown an ability to adapt his compensation to reflect both personal performance and the wider needs of the company, ensuring alignment with shareholder interests.

Year

2023

Total Compensation

$2.32M

Salary

$900.00K

Board 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

$875.56K

Board 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

$0.00

Board Justification

No other compensation was reported for 2023.

Restricted Stock

$547.03K(259.88K RSU)

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.

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