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BILL: LACERTE’S PAY $17.7M Featured

CEO Rene Lacerte received $17.7 million in compensation for the year ended June 30, according to documents filed by payments company Bill with the SEC.

That represented a 27.2-percent increase from $13.9 million in fiscal 2022. That stemmed from an 85 percent increase in stock awards which rose to $13.9 million last year, from $8.9 million the prior year. CFO John Rettig saw a 41.2-percent drop in fiscal 2023 compensation to nearly $14 million from$ $23.8 million in fiscal 2022. That stemmed from a decline in stock awards. Rettig had a $21.4 million award in that category last year and that declined to slightly less than $13 million for the most recently ended year. A sharp increase in stock awards contributed to 98.2 percent increase in 2023 pay for chief legal and compliance officer, Raj Ali, rose to $6.1 million from $3.1 million.

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