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.
Average pay of disclosed executives at Hanger
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.

Related executives

C Ranson

Hanger

Executive Vice President, Corporate Services and Chief Information Officer of our Company

Vinit Asar

Hanger

Chief Executive Officer

Thomas Kiraly

Hanger

Chief Financial Officer

Samuel Liang

Hanger

Chief Operating Officer

Thomas Hartman

Hanger

General Counsel

Scott Ranson

Hanger

Executive Vice President, Corporate Services and Chief Information Officer of our Company

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Source: SEC filing on April 8, 2021.