Luis Merchan
2021
In 2021, Luis Merchan earned a total compensation of $2.5M as former Chief Executive Officer at Flora Growth Corp..
Compensation breakdown
| Bonus | $419,000 |
|---|---|
| Option Awards | $189,777 |
| Salary | $326,250 |
| Stock Awards | $1,529,998 |
| Total | $2,465,025 |
Merchan received $1.5M in stock awards, accounting for 62% of the total pay in 2021.
Merchan also received $419K in bonus, $189.8K in option awards and $326.3K in salary.
Rankings
In 2021, Luis Merchan's compensation ranked 5,208th out of 12,415 executives tracked by ExecPay. In other words, Merchan earned more than 58.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 5,208 out of 12,415 | 58th |
Division Manufacturing | 2,189 out of 5,508 | 60th |
Major group Chemicals And Allied Products | 948 out of 2,378 | 60th |
Industry group Drugs | 847 out of 2,099 | 60th |
Industry Pharmaceutical Preparations | 608 out of 1,549 | 61st |
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 2021.