Blend Labs Co-Founder Nima Ghamsari's 2021 pay jumps 26,074% to $85M
Blend Labs reports 2021 executive compensation
By ExecPay News
Published: May 2, 2022
Blend Labs reported fiscal year 2021 executive compensation information on May 2, 2022.
In 2021, three Blend Labs executives received on average a compensation package of $32M, a 4,000% increase compared to previous year.
Average pay of disclosed executives at Blend Labs
Nima Ghamsari, Co-Founder, received $85M in total, which increased by 26,074% compared to 2020. 100% of Ghamsari's compensation, or $85M, was in option awards. Ghamsari also received $326K in salary.
Timothy J. Mayopoulos, President and Director, received a compensation package of $6.9M, which increased by 423% compared to previous year. 85% of the compensation package, or $5.9M, was in option awards.
Crystal Sumner, Secretary, earned $3M in 2021, a 348% increase compared to previous year.
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Source: SEC filing on May 2, 2022.