Guy Bernstein received $1.5M in total compensation as Chief Executive Officer and Director of MAGIC SOFTWARE ENTERPRISES LTD in FY2024. The largest component was $400K in base salary. That’s down 10% from FY2023. Source: SEC 20-F.
Executive Compensation Summary for MAGIC SOFTWARE ENTERPRISES LTD
Guy Bernstein Salary and Compensation - MAGIC SOFTWARE ENTERPRISES LTD CEO Pay 2024
In fiscal year 2024, Guy Bernstein, Chief Executive Officer and Director of MAGIC SOFTWARE ENTERPRISES LTD (MGIC), received total compensation of $1.5 million.
Guy Bernstein's compensation breakdown includes: base salary of $400K, bonus of $1.1 million, and other compensation of $9K.
Compared to fiscal year 2023, Guy Bernstein's total compensation decreased 10% from $1.7 million to $1.5 million.
MAGIC SOFTWARE ENTERPRISES LTD (MGIC) Executive Pay 2024
MAGIC SOFTWARE ENTERPRISES LTD's top 8 named executive officers received combined total compensation of $7.1 million in fiscal year 2024.
The named executive officers disclosed in MAGIC SOFTWARE ENTERPRISES LTD's 2024 proxy statement are:Guy Bernstein (Chief Executive Officer and Director) with total compensation of $1.5 million, Yakov Tsaroya (Chief Executive Officer of Coretech Consulting Services) with total compensation of $1.5 million, Idan Faingold (Chief Executive Officer of CommIT Technology Solutions Ltd) with total compensation of $1.1 million, Eli Schwartz (Chief Executive Officer of Comblack I.T. Ltd.) with total compensation of $669K, Hanan Shahaf (Chief Executive Officer of Roshtov Software Industries Ltd) with total compensation of $603K, Yael Ilan (Chief Executive Officer of Complete Business Solutions) with total compensation of $0, Arik Faingold (President, Integration Solutions division) with total compensation of $1.1 million, and Arik Kilman (Chairman, Software Group) with total compensation of $603K.