Hydra Industries Acquisition COO Brooks Pierce's 2020 pay jumps 92% to $2.4M
Hydra Industries Acquisition reports 2020 executive compensation
By ExecPay News
Published: April 12, 2021
Hydra Industries Acquisition reported fiscal year 2020 executive compensation information on April 12, 2021.
In 2020, three executives at Hydra Industries Acquisition received on average a compensation package of $1.9M, a 29% increase compared to previous year.
Average pay of disclosed executives at Hydra Industries Acquisition
Brooks H. Pierce, Chief Operating Officer, received $2.4M in total, which increased by 92% compared to 2019. 61% of Pierce's compensation, or $1.5M, was in stock awards. Pierce also received $404K in non-equity incentive plan, $433K in salary, as well as $97K in other compensation.
A. Lorne Weil, Chairman, received a compensation package of $2.2M, which increased by 11% compared to previous year. 35% of the compensation package, or $784K, was in stock awards.
Daniel B. Silvers, Executive VP and Chief Strategy Officer, earned $908K in 2020, a 13% decrease compared to previous year.
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Source: SEC filing on April 12, 2021.