Luis Merchan
2022
In 2022, Luis Merchan earned a total compensation of $1.1M as former Chief Executive Officer at Flora Growth Corp., a 57% decrease compared to previous year.
Compensation breakdown
| Option Awards | $101,145 |
|---|---|
| Salary | $378,310 |
| Stock Awards | $540,000 |
| Other | $48,120 |
| Total | $1,067,575 |
Merchan received $540K in stock awards, accounting for 51% of the total pay in 2022.
Merchan also received $101.1K in option awards, $378.3K in salary and $48.1K in other compensation.
Rankings
In 2022, Luis Merchan's compensation ranked 2,894th out of 5,760 executives tracked by ExecPay. In other words, Merchan earned more than 49.8% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 2,894 out of 5,760 | 50th |
Division Manufacturing | 1,618 out of 3,136 | 48th |
Major group Chemicals And Allied Products | 752 out of 1,422 | 47th |
Industry group Drugs | 702 out of 1,323 | 47th |
Industry Pharmaceutical Preparations | 510 out of 969 | 47th |
Source: SEC filing on May 10, 2023.
Merchan's colleagues
We found three more compensation records of executives who worked with Luis Merchan at Flora Growth Corp. in 2022.