Charlotte's Web Holdings CEO William Morachnick receives $1.6M in 2023
Charlotte's Web Holdings reports 2023 executive compensation
By ExecPay News
Published: April 29, 2024
Charlotte's Web Holdings reported fiscal year 2023 executive compensation information on April 29, 2024.
In 2023, four executives at Charlotte's Web Holdings received on average a compensation package of $829K, a 24% decrease compared to previous year.
Average pay of disclosed executives at Charlotte's Web Holdings
William Morachnick, Chief Executive Officer, received $1.6M in total. 92% of Morachnick's compensation, or $1.5M, was in stock awards. Morachnick also received $118K in salary and $13K in other compensation.
Jessica Saxton, Chief Financial Officer, received a compensation package of $990K. 46% of the compensation package, or $455K, was in option awards.
Jared Stanley, Chief Commercialization Officer, earned $371K in 2023, a 43% decrease compared to previous year.
Jacques Tortoroli, Chief Executive Officer, received $343K in 2023, which decreases by 78% compared to 2022.
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Source: SEC filing on April 29, 2024.