Quinpario Acquisition Corp. 2 Chairman Par Chadha receives $16M in 2021
Quinpario Acquisition Corp. 2 reports 2021 executive compensation
By ExecPay News
Published: June 1, 2022
Quinpario Acquisition Corp. 2 reported fiscal year 2021 executive compensation information on June 1, 2022.
In 2021, three executives at Quinpario Acquisition Corp. 2 received on average a compensation package of $5.9M, a 343% increase compared to previous year.
Average pay of disclosed executives at Quinpario Acquisition Corp. 2
Par S. Chadha, Chairman, received $16M in total. 80% of Chadha's compensation, or $13M, was in stock awards. Chadha also received $1.6M in bonus, $561K in salary, as well as $1.1M in other compensation.
Shrikant Sortur, Chief Financial Officer, received a compensation package of $1.2M, which increased by 19% compared to previous year. 62% of the compensation package, or $773K, was in bonus.
Ronald C. Cogburn, Chief Executive Officer, earned $423K in 2021, a 43% decrease compared to previous year.
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Source: SEC filing on June 1, 2022.