These Are Cognizant’s Top 6 Highest Paid Executives
Joseph F. Kovar
While fiscal 2020 was a down year for Cognizant, the company’s top executives did well. Here are Cognizant’s 6 highest paid executives.
Brian Humphries, CEO
Brian Humphries, 47, became Cognizant CEO in March 2019 after having served just over two years as CEO of London-based Vodafone Business.
Humphries’ salary for calendar year 2020 was $1.03 million, up from just under $770,000 in 2019. However, in 2019 he received a one-time cash bonus of $4 million when he joined Cognizant to compensate him for some ling-term compensation he lost when leaving Vodafone. Of that, Humphries had to utilize $1 million to purchase shares of the company’s common stock during its first open market trading window after April 1, 2019.
For 2020, Humphries also received stock awards of $10.69 million, non-equity incentive plan compensation of $1.75 million, and compensation for a corporate apartment, home security services, pension alliance, and U.K. group personal pension plan matching contribution totaling $343,360. Humphries’ total pay for the year was $13.8 million.
While the rest of Cognizant’s highest paid executives were paid in U.S. dollars, Humphries was paid in British pounds.