Michael Favet
2022
In 2022, Michael Favet earned a total compensation of $3.2M as President and Chief Executive Officer at NeuroPace, a 54% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $161,543 |
|---|---|
| Option Awards | $1,249,945 |
| Salary | $538,667 |
| Stock Awards | $1,256,148 |
| Other | $504 |
| Total | $3,206,807 |
Favet received $1.3M in stock awards, accounting for 39% of the total pay in 2022.
Favet also received $161.5K in non-equity incentive plan, $1.2M in option awards, $538.7K in salary and $504 in other compensation.
Rankings
In 2022, Michael Favet's compensation ranked 1,130th out of 5,753 executives tracked by ExecPay. In other words, Favet earned more than 80.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,130 out of 5,753 | 80th |
Division Manufacturing | 544 out of 3,133 | 83rd |
Major group Measuring, Analyzing, And Controlling Instruments; Photographic, Medical And Optical Goods; Watches And Clocks | 61 out of 485 | 87th |
Industry group Surgical, Medical, And Dental Instruments And Supplies | 40 out of 347 | 89th |
Industry Surgical and Medical Instruments and Apparatus | 31 out of 253 | 88th |
Source: SEC filing on April 25, 2023.
Favet's colleagues
We found two more compensation records of executives who worked with Michael Favet at NeuroPace in 2022.