Forian General Counsel Edward Spaniel receives $6M in 2021
Forian reports 2021 executive compensation
By ExecPay News
Published: April 28, 2022
Forian reported fiscal year 2021 executive compensation information on April 28, 2022.
In 2021, three Forian executives received on average a compensation package of $3.3M, a 726% increase compared to previous year.
Edward Spaniel, Jr, General Counsel, received $6M in total. 74% of Spaniel's compensation, or $4.4M, was in option awards. Spaniel also received $75K in bonus, $250K in salary, as well as $1.2M in stock awards.
Michael Vesey, Chief Financial Officer, received a compensation package of $3.8M. 85% of the compensation package, or $3.2M, was in option awards.
Dan Barton, Chief Executive Officer, earned $207K in 2021, a 48% decrease compared to previous year.