Gevo CEO Patrick Gruber's 2022 pay falls 69% to $3.5M
Gevo reports 2022 executive compensation
By ExecPay News
Published: April 10, 2023
Gevo reported fiscal year 2022 executive compensation information on April 10, 2023.
In 2022, five Gevo executives received on average a compensation package of $1.6M, a 73% decrease compared to previous year.
Average pay of disclosed executives at Gevo
Patrick R. Gruber, Chief Executive Officer, received $3.5M in total, which decreased by 69% compared to 2021. 46% of Gruber's compensation, or $1.6M, was in stock awards. Gruber also received $313K in bonus, $945K in option awards, $553K in salary, as well as $61K in other compensation.
For fiscal year 2022, the median employee pay was $132,362 at Gevo. Therefore, the ratio of Patrick R. Gruber's pay to the median employee pay was 26 to one.
Christopher M. Ryan, Chief Operating Officer, received a compensation package of $1.5M, which decreased by 74% compared to previous year. 38% of the compensation package, or $568K, was in stock awards.
Timothy J. Cesarek, Chief Commercial Officer, earned $1.1M in 2022, a 75% decrease compared to previous year.
L. Lynn Smull, Chief Financial Officer, received $1.1M in 2022, which decreases by 74% compared to 2021.
Paul D. Bloom, Chief Carbon Officer and Chief Innovation Officer, earned $1M in 2022, a 78% decrease compared to previous year.
Related executives
You may also like
Source: SEC filing on April 10, 2023.