Innovative Payment Solutions CEO William Corbett's 2022 pay falls 71% to $1.7M
Innovative Payment Solutions reports 2022 executive compensation
By ExecPay News
Published: November 6, 2023
Innovative Payment Solutions reported fiscal year 2022 executive compensation information on November 6, 2023.
In 2022, two executives at Innovative Payment Solutions received on average a compensation package of $1.1M, a 51% decrease compared to previous year.
Average pay of disclosed executives at Innovative Payment Solutions
William Corbett, Chief Executive Officer, received $1.7M in total, which decreased by 71% compared to 2021. 63% of Corbett's compensation, or $1.1M, was in option awards. Corbett also received $360K in salary, $251K in stock awards, as well as $16K in other compensation.
Richard Rosenblum, Chief Financial Officer, received a compensation package of $460K, which decreased by 33% compared to previous year. 47% of the compensation package, or $216K, was in salary.
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Source: SEC filing on November 6, 2023.