Blink Charging Co. CEO Michael Farkas' 2021 pay jumps 1,808% to $18M
Blink Charging Co. reports 2021 executive compensation
By ExecPay News
Published: May 26, 2022
Blink Charging Co. reported fiscal year 2021 executive compensation information on May 26, 2022.
In 2021, five executives at Blink Charging Co. received on average a compensation package of $4.9M, a 632% increase compared to previous year.
Average pay of disclosed executives at Blink Charging Co.
Michael D. Farkas, Chief Executive Officer, received $18M in total, which increased by 1,808% compared to 2020. 80% of Farkas' compensation, or $14M, was in option awards. Farkas also received $1.3M in bonus, $1M in salary, $768K in stock awards, as well as $519K in other compensation.
For fiscal year 2021, the median employee pay was $77,740 at Blink Charging Co.. Therefore, the ratio of Michael D. Farkas' pay to the median employee pay was 232 to one.
Brendan S. Jones, Chief Operating Officer, received a compensation package of $4.4M, which increased by 890% compared to previous year. 83% of the compensation package, or $3.6M, was in option awards.
Michael P. Rama, Chief Financial Officer, earned $1.1M in 2021, a 41% increase compared to previous year.
Aviv Hillo, General Counsel, received $609K in 2021, which increases by 28% compared to 2020.
Harjinder Bhade, Chief Technology Officer, earned $270K in 2021.
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Source: SEC filing on May 26, 2022.