Cannabist Co Holdings CEO Nicholas Vita's 2022 pay jumps 21% to $5M
Cannabist Co Holdings reports 2022 executive compensation
By ExecPay News
Published: October 17, 2023
Cannabist Co Holdings reported fiscal year 2022 executive compensation information on October 17, 2023.
In 2022, three executives at Cannabist Co Holdings received on average a compensation package of $3.8M, a 28% increase compared to previous year.
Nicholas Vita, Chief Executive Officer, received $5M in total, which increased by 21% compared to 2021. 86% of Vita's compensation, or $4.3M, was in stock awards. Vita also received $160K in non-equity incentive plan, $500K in salary, as well as $40K in other compensation.
David Hart, Chief Operating Officer, received a compensation package of $3.7M, which increased by 86% compared to previous year. 87% of the compensation package, or $3.3M, was in stock awards.
Michael Abbott, Chairman, earned $2.7M in 2022, a 1% decrease compared to previous year.