i3 Verticals President Rick Stanford's 2022 pay jumps 45% to $1.4M
i3 Verticals reports 2022 executive compensation
By ExecPay News
Published: January 23, 2023
i3 Verticals reported fiscal year 2022 executive compensation information on January 23, 2023.
In 2022, three executives at i3 Verticals received on average a compensation package of $1M, a 41% increase compared to previous year.
Average pay of disclosed executives at i3 Verticals
Rick Stanford, President, received $1.4M in total, which increased by 45% compared to 2021. 40% of Stanford's compensation, or $561K, was in stock awards. Stanford also received $30K in bonus, $492K in option awards, $300K in salary, as well as $8.7K in other compensation.
Clay Whitson, Chief Financial Officer, received a compensation package of $1.4M, which increased by 48% compared to previous year. 42% of the compensation package, or $561K, was in stock awards.
Gregory Daily, Chief Executive Officer, earned $334K in 2022, a 8% increase compared to previous year.
i3 Verticals' fiscal year ends on September 30.
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Source: SEC filing on January 23, 2023.