ACV Auctions CEO George Chamoun's 2021 pay jumps 3,072% to $17M
ACV Auctions reports 2021 executive compensation
By ExecPay News
Published: April 27, 2022
ACV Auctions reported fiscal year 2021 executive compensation information on April 27, 2022.
In 2021, three executives at ACV Auctions received on average a compensation package of $10M, a 2,162% increase compared to previous year.
Average pay of disclosed executives at ACV Auctions
George Chamoun, Chief Executive Officer, received $17M in total, which increased by 3,072% compared to 2020. 95% of Chamoun's compensation, or $16M, was in stock awards. Chamoun also received $500K in non-equity incentive plan, $319K in salary, as well as $5.2K in other compensation.
Vikas Mehta, Chief Operating Officer, received a compensation package of $8.7M, which increased by 2334% compared to previous year. 92% of the compensation package, or $8.1M, was in stock awards.
Michael Waterman, Chief Sales Officer, earned $4.6M in 2021.
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Source: SEC filing on April 27, 2022.