22nd Century Group CLO Peter Ferola receives $920K in 2023
22nd Century Group reports 2023 executive compensation
By ExecPay News
Published: April 29, 2024
22nd Century Group reported fiscal year 2023 executive compensation information on April 29, 2024.
In 2023, five executives at 22nd Century Group received on average a compensation package of $616K, a 59% decrease compared to previous year.
Peter Ferola, Chief Legal Officer, received $920K in total. 42% of Ferola's compensation, or $388K, was in salary. Ferola also received $250K in bonus, $256K in stock awards, as well as $26K in other compensation.
R. Hugh Kinsman, Chief Financial Officer, received a compensation package of $791K, which increased by 210% compared to previous year. 45% of the compensation package, or $359K, was in salary.
James A. Mish, Chief Executive Officer, earned $707K in 2023, a 74% decrease compared to previous year.
John J. Miller, President of Tobacco, received $632K in 2023, which decreases by 56% compared to 2022.
Lawrence D. Firestone, Chief Executive Officer, earned $33K in 2023.