Energy Recovery CEO Robert Mao's 2020 pay jumps 3,258% to $2.1M
Energy Recovery reports 2020 executive compensation
By ExecPay News
Published: April 26, 2021
Energy Recovery reported fiscal year 2020 executive compensation information on April 26, 2021.
In 2020, five executives at Energy Recovery received on average a compensation package of $1.1M, a 80% increase compared to previous year.
Average pay of disclosed executives at Energy Recovery
Robert Yu Lang Mao, Chief Executive Officer, received $2.1M in total, which increased by 3,258% compared to 2019. 58% of Mao's compensation, or $1.2M, was in option awards. Mao also received $381K in non-equity incentive plan, $482K in salary, as well as $5.4K in other compensation.
Rodney Clemente, Senior Vice President, Water, received a compensation package of $884K, which increased by 13% compared to previous year. 36% of the compensation package, or $315K, was in salary.
Joshua Ballard, Chief Financial Officer, earned $856K in 2020, a 1% increase compared to previous year.
Emily Smith, Senior Vice President, of Corporate Development and Operations, received $826K in 2020.
Farshad Ghasripoor, Chief Technology Officer, earned $771K in 2020, a 7% increase compared to previous year.
Related executives
Robert Mao
Energy Recovery
Chief Executive Officer
Joshua Ballard
Energy Recovery
Chief Financial Officer
Rodney Clemente
Energy Recovery
Senior Vice President, Water
Emily Smith
Energy Recovery
Senior Vice President, of Corporate Development and Operations
Farshad Ghasripoor
Energy Recovery
Chief Technology Officer
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Source: SEC filing on April 26, 2021.