Embecta Corp. CEO Devdatt Kurdikar's 2022 pay jumps 255% to $11M
Embecta Corp. reports 2022 executive compensation
By ExecPay News
Published: December 30, 2022
Embecta Corp. reported fiscal year 2022 executive compensation information on December 30, 2022.
In 2022, five executives at Embecta Corp. received on average a compensation package of $4.3M, a 267% increase compared to previous year.
Average pay of disclosed executives at Embecta Corp.
Devdatt Dev Kurdikar, Chief Executive Officer, received $11M in total, which increased by 255% compared to 2021. 50% of Kurdikar's compensation, or $5.6M, was in option awards. Kurdikar also received $1.1M in non-equity incentive plan, $791K in salary, $3.7M in stock awards, as well as $45K in other compensation.
Jacob Jake Elguicze, Chief Financial Officer, received a compensation package of $3.6M, which increased by 408% compared to previous year. 47% of the compensation package, or $1.7M, was in option awards.
Jeff Mann, General Counsel, earned $3.6M in 2022, a 1118% increase compared to previous year.
Ajay Kumar, Chief Human Resources Officer, received $1.7M in 2022, which increases by 74% compared to 2021.
Shaun Curtis, Senior Vice President, Global Manufacturing and Supply Chain, earned $1.3M in 2022, a 88% increase compared to previous year.
Embecta Corp.'s fiscal year ends on September 30.
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Source: SEC filing on December 30, 2022.