Forian CFO Michael Vesey's 2023 pay rises 15% to $1.2M
Forian reports 2023 executive compensation
By ExecPay News
Published: April 29, 2024
Forian reported fiscal year 2023 executive compensation information on April 29, 2024.
In 2023, four Forian executives received on average a compensation package of $937K, a 59% increase compared to previous year.
Michael Vesey, Chief Financial Officer, received $1.2M in total, which increased by 15% compared to 2022. 43% of Vesey's compensation, or $500K, was in option awards. Vesey also received $156K in non-equity incentive plan, $310K in salary, as well as $190K in stock awards.
Edward Spaniel, Jr, General Counsel, received a compensation package of $1.1M, which increased by 20% compared to previous year. 44% of the compensation package, or $500K, was in option awards.
Max C. Wygod, Chief Executive Officer, earned $833K in 2023, a 1011% increase compared to previous year.
Dan Barton, Chief Executive Officer, received $629K in 2023, which increases by 86% compared to 2022.