Core Scientific CEO Michael Levitt's 2021 pay jumps 1,499% to $161M
Core Scientific reports 2021 executive compensation
By ExecPay News
Published: April 7, 2022
Core Scientific reported fiscal year 2021 executive compensation information on April 7, 2022.
In 2021, four executives at Core Scientific received on average a compensation package of $46M, a 450% increase compared to previous year.
Average pay of disclosed executives at Core Scientific
Michael Levitt, Chief Executive Officer, received $161M in total, which increased by 1,499% compared to 2020. 100% of Levitt's compensation, or $161M, was in stock awards. Levitt also received $31K in salary.
Todd M. DuChene, General Counsel, received a compensation package of $13M. 94% of the compensation package, or $12M, was in stock awards.
Michael Trzupek, Chief Financial Officer, earned $9.5M in 2021, a 769% increase compared to previous year.
B. Kevin Turner, Chief Executive Officer, received $276K in 2021, which decreases by 98% compared to 2020.
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Source: SEC filing on April 7, 2022.