Michael J. Zercher
2021
In 2021, Michael J. Zercher earned a total compensation of $2.7M as President and Chief Operating Officer at 22nd Century Group, a 120% increase compared to previous year.
Compensation breakdown
| Bonus | $638,100 |
|---|---|
| Option Awards | $192,950 |
| Salary | $368,060 |
| Stock Awards | $1,440,000 |
| Other | $33,721 |
| Total | $2,672,831 |
Zercher received $1.4M in stock awards, accounting for 54% of the total pay in 2021.
Zercher also received $638.1K in bonus, $193K in option awards, $368.1K in salary and $33.7K in other compensation.
Rankings
In 2021, Michael J. Zercher's compensation ranked 4,886th out of 12,415 executives tracked by ExecPay. In other words, Zercher earned more than 60.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 4,886 out of 12,415 | 61st |
Division Manufacturing | 2,045 out of 5,505 | 63rd |
Major group Tobacco Products | 10 out of 20 | 50th |
Industry group Cigarettes | 10 out of 15 | 33rd |
Industry Cigarettes | 10 out of 15 | 33rd |
Pay ratio
| Michael J. Zercher's Pay | $2,672,831 |
|---|---|
| Median Employee's Pay | $55,189 |
| Pay Ratio | 48to 1 |
In 2021, the annual total compensation of Michael J. Zercher was $2,672,831.
The annual total compensation of the median employee at 22nd Century Group was $55,189.
The ratio of Michael J. Zercher's pay to the pay of median employee was therefore 48 to one.
Source: SEC filing on April 25, 2022.
Zercher's colleagues
We found three more compensation records of executives who worked with Michael J. Zercher at 22nd Century Group in 2021.