TransEnterix CEO Anthony Fernando's 2022 pay falls 65% to $2.5M
TransEnterix reports 2022 executive compensation
By ExecPay News
Published: April 27, 2023
TransEnterix reported fiscal year 2022 executive compensation information on April 27, 2023.
In 2022, two executives at TransEnterix received on average a compensation package of $1.8M, a 57% decrease compared to previous year.
Average pay of disclosed executives at TransEnterix
Anthony Fernando, Chief Executive Officer, received $2.5M in total, which decreased by 65% compared to 2021. 48% of Fernando's compensation, or $1.2M, was in stock awards. Fernando also received $452K in non-equity incentive plan, $390K in option awards, $440K in salary, as well as $9.5K in other compensation.
For fiscal year 2022, the median employee pay was $111,376 at TransEnterix. Therefore, the ratio of Anthony Fernando's pay to the median employee pay was 22 to one.
Shameze Rampertab, Chief Financial Officer, received a compensation package of $1.1M, which decreased by 5% compared to previous year. 39% of the compensation package, or $423K, was in stock awards.
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Source: SEC filing on April 27, 2023.