Blend Labs Former President and current director Timothy Mayopoulos' 2022 pay falls 45% to $3.8M
Blend Labs reports 2022 executive compensation
By ExecPay News
Published: May 1, 2023
Blend Labs reported fiscal year 2022 executive compensation information on May 1, 2023.
In 2022, three Blend Labs executives received on average a compensation package of $2M, a 94% decrease compared to previous year.
Average pay of disclosed executives at Blend Labs
Timothy J. Mayopoulos, Former President and current director, received $3.8M in total, which decreased by 45% compared to 2021. 75% of Mayopoulos' compensation, or $2.8M, was in stock awards. Mayopoulos also received $443K in option awards and $500K in salary.
Crystal Sumner, Secretary, received a compensation package of $2M, which decreased by 33% compared to previous year. 78% of the compensation package, or $1.6M, was in stock awards.
Nima Ghamsari, Co-Founder, earned $325K in 2022, a 100% decrease compared to previous year.
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Source: SEC filing on May 1, 2023.