Gevo CEO Patrick Gruber's 2023 pay rises 8% to $3.7M
Gevo reports 2023 executive compensation
By ExecPay News
Published: April 9, 2024
Gevo reported fiscal year 2023 executive compensation information on April 9, 2024.
In 2023, six Gevo executives received on average a compensation package of $1.7M, a 2% increase compared to previous year.
Average pay of disclosed executives at Gevo
Patrick R. Gruber, Chief Executive Officer, received $3.7M in total, which increased by 8% compared to 2022. 32% of Gruber's compensation, or $1.2M, was in stock awards. Gruber also received $806K in bonus, $1.1M in option awards, $635K in salary, as well as $61K in other compensation.
Christopher M. Ryan, Chief Operating Officer, received a compensation package of $1.6M, which increased by 12% compared to previous year. 26% of the compensation package, or $423K, was in stock awards.
Paul D. Bloom, Chief Carbon Officer and Chief Innovation Officer, earned $1.4M in 2023, a 36% increase compared to previous year.
L. Lynn Smull, Chief Financial Officer, received $1.3M in 2023, which increases by 23% compared to 2022.
Timothy J. Cesarek, Chief Commercial Officer, earned $1M in 2023, a 6% decrease compared to previous year.
Kimberly T Bowron, Chief People Officer, received $811K in 2023.
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Source: SEC filing on April 9, 2024.