Michael Favet
2021
In 2021, Michael Favet earned a total compensation of $2.1M as President and Chief Executive Officer at NeuroPace, a 209% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $329,588 |
|---|---|
| Option Awards | $629,100 |
| Salary | $505,833 |
| Stock Awards | $611,820 |
| Total | $2,076,341 |
Favet received $629.1K in option awards, accounting for 30% of the total pay in 2021.
Favet also received $329.6K in non-equity incentive plan, $505.8K in salary and $611.8K in stock awards.
Rankings
In 2021, Michael Favet's compensation ranked 5,909th out of 12,415 executives tracked by ExecPay. In other words, Favet earned more than 52.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 5,909 out of 12,415 | 52nd |
Division Manufacturing | 2,499 out of 5,505 | 55th |
Major group Measuring, Analyzing, And Controlling Instruments; Photographic, Medical And Optical Goods; Watches And Clocks | 310 out of 801 | 61st |
Industry group Surgical, Medical, And Dental Instruments And Supplies | 187 out of 522 | 64th |
Industry Surgical and Medical Instruments and Apparatus | 122 out of 327 | 63rd |
Source: SEC filing on April 22, 2022.
Favet's colleagues
We found two more compensation records of executives who worked with Michael Favet at NeuroPace in 2021.