McFarlane Scott colorCompensation for two top executives at Avalara dropped in 2018 because of a decline in option awards. Total income for CEO Scott McFarlane fell by 3.1 percent while for CFO William Ingram it declined by 11.9 percent from 2017 levels.

Avalara’s recent filing with the SEC shows McFarlane received $2.28 million last year, down from $2.35 million in 2017. His option awards dropped to $1.1 million for 2018, down 31.3 percent from $1.6 million the prior year. However, he recovered some ground as his non-equity executive income nearly doubled to $656,550 from $328,948 from year to year. Ingram’s situation was the same with option awards falling to $311,716 last year, off 43.9 percent from $555,552. Similarly, his NEIC amount rose to $282,942, up 72.3 percent from $163,904. The only other named executive, general counsel Alesia Pinney had total 2018 compensation of $797,313. Although this is the first proxy filing with salaries for the company since it went public, Pinney's previous compensation was not shown, so presumably she was not considered a named prior in 2017.

Last modified on Friday, 03 May 2019
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