Michael Favet
2023
In 2023, Michael Favet earned a total compensation of $2.2M as Former President and Chief Executive Officer at NeuroPace, a 32% decrease compared to previous year.
Compensation breakdown
| Salary | $288,470 |
|---|---|
| Stock Awards | $1,201,500 |
| Other | $689,204 |
| Total | $2,179,174 |
Favet received $1.2M in stock awards, accounting for 55% of the total pay in 2023.
Favet also received $288.5K in salary and $689.2K in other compensation.
Rankings
In 2023, Michael Favet's compensation ranked 477th out of 3,006 executives tracked by ExecPay. In other words, Favet earned more than 84.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 477 out of 3,006 | 84th |
Division Manufacturing | 273 out of 1,650 | 84th |
Major group Measuring, Analyzing, And Controlling Instruments; Photographic, Medical And Optical Goods; Watches And Clocks | 29 out of 256 | 89th |
Industry group Surgical, Medical, And Dental Instruments And Supplies | 23 out of 188 | 88th |
Industry Surgical and Medical Instruments and Apparatus | 22 out of 144 | 85th |
Source: SEC filing on April 22, 2024.
Favet's colleagues
We found three more compensation records of executives who worked with Michael Favet at NeuroPace in 2023.