Gores Holdings CEO Andrew Callahan's 2021 pay rises 15% to $5.4M
Gores Holdings reports 2021 executive compensation
By ExecPay News
Published: April 29, 2022
Gores Holdings reported fiscal year 2021 executive compensation information on April 29, 2022.
In 2021, six executives at Gores Holdings received on average a compensation package of $2M, a 7% increase compared to previous year.
Average pay of disclosed executives at Gores Holdings
Andrew P. Callahan, Chief Executive Officer, received $5.4M in total, which increased by 15% compared to 2020. 56% of Callahan's compensation, or $3M, was in stock awards. Callahan also received $1.5M in non-equity incentive plan, $869K in salary, as well as $12K in other compensation.
Brian T. Purcell, Chief Financial Officer, received a compensation package of $1.7M, which decreased by 11% compared to previous year. 52% of the compensation package, or $890K, was in stock awards.
Daniel J. O'Leary, EVP & CGO, earned $1.5M in 2021.
Jolyn J. Sebree, Secretary, received $1.2M in 2021, which increases by 13% compared to 2020.
Michael J. Cramer, EVP, Chief Admin Officer, earned $1M in 2021, a 11% increase compared to previous year.
Michael J. Gernigin, Chief Financial Officer, received $950K in 2021.
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Source: SEC filing on April 29, 2022.