The five executives of the payroll company took 20-percent cuts in base salary from July 1 through December 31. In Mucci’s case, that meant his base salary dropped to $898,462 for the most recent ended year, down 9.5 percent from $992,885 the prior year,
But overall, the CEO’s pay rose to $9.6 million from $8.1 million. His biggest percentage increase came in non-equity incentive compensation of $2.1 million, a jump of 175.7 percent from $768,800 the prior year. But that brought it more in line with the $1.7 million in 2019 and that pattern held for all five men as pay in that category rebounded from last year.
Mucci had option grants of $2.6 million, up 39.6 percent from $1.9 million while his stock awards dropped 10.1 percent to slightly less than $4 million from $4.4 million.
CFO Efrain Rivera received pay of $2.9 million for the most recently ended year, an increase of 29.3 percent from $2.2 million the prior year. Mark Bottini, SVP of sales, earned $2.5 million, up 36.4 percent from $1.8. million; SVP of sales John Gibson was awarded $2.5 million, a rise of 34.6 percent from $1.9 million while Michael Gioja, SVP of IT and product development, earned $2.5 million, which was 35.1-percent higher than the $1.9 million the prior year.