EVERSPIN TECHNOLOGIES CEO Sanjeev Aggarwal's 2023 pay slips 5% to $2.1M
EVERSPIN TECHNOLOGIES reports 2023 executive compensation
By ExecPay News
Published: April 12, 2024
EVERSPIN TECHNOLOGIES reported fiscal year 2023 executive compensation information on April 12, 2024.
In 2023, three executives at EVERSPIN TECHNOLOGIES received on average a compensation package of $1.5M, a 10% decrease compared to previous year.
Sanjeev Aggarwal, Chief Executive Officer, received $2.1M in total, which decreased by 5% compared to 2022. 45% of Aggarwal's compensation, or $950K, was in stock awards. Aggarwal also received $721K in non-equity incentive plan, $450K in salary, as well as $910 in other compensation.
Anuj Aggarwal, Chief Financial Officer, received a compensation package of $1.6M, which decreased by 9% compared to previous year. 53% of the compensation package, or $855K, was in stock awards.
David Schrenk, Vice President of Sales and Business Development, earned $669K in 2023.