Hanger CEO Vinit Asar's 2018 pay falls 35% to $4.2M
Hanger reports 2018 executive compensation
By ExecPay News
Published: April 8, 2021
Hanger reported fiscal year 2018 executive compensation information on April 8, 2021.
In 2018, six Hanger executives received on average a compensation package of $1.6M, a 54% decrease compared to previous year.
Vinit Asar, Chief Executive Officer, received $4.2M in total, which decreased by 35% compared to 2017. 63% of Asar's compensation, or $2.7M, was in stock awards. Asar also received $40K of change in pension value and nonqualified deferred compensation earnings, $748K in non-equity incentive plan, $739K in salary, as well as $32K in other compensation.
For fiscal year 2018, the median employee pay was $68,971 at Hanger. Therefore, the ratio of Vinit Asar's pay to the median employee pay was 61 to one.
Thomas E. Kiraly, Chief Financial Officer, received a compensation package of $1.6M, which decreased by 48% compared to previous year. 45% of the compensation package, or $735K, was in stock awards.
Samuel M. Liang, Chief Operating Officer, earned $1.6M in 2018, a 42% decrease compared to previous year.
Thomas E. Hartman, General Counsel, received $943K in 2018, which decreases by 55% compared to 2017.
C. Scott Ranson, Executive Vice President, Corporate Services and Chief Information Officer of our Company, earned $779K in 2018.
Scott Ranson, Executive Vice President, Corporate Services and Chief Information Officer of our Company, received $779K in 2018.
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