Hydra Industries Acquisition Chairman A Weil's 2022 pay falls 68% to $2.8M
Hydra Industries Acquisition reports 2022 executive compensation
By ExecPay News
Published: April 12, 2023
Hydra Industries Acquisition reported fiscal year 2022 executive compensation information on April 12, 2023.
In 2022, three executives at Hydra Industries Acquisition received on average a compensation package of $2M, a 55% decrease compared to previous year.
A. Lorne Weil, Chairman, received $2.8M in total, which decreased by 68% compared to 2021. 43% of Weil's compensation, or $1.2M, was in non-equity incentive plan. Weil also received $750K in salary, $739K in stock awards, as well as $129K in other compensation.
Brooks H. Pierce, Chief Executive Officer, received a compensation package of $1.9M, which decreased by 30% compared to previous year. 37% of the compensation package, or $709K, was in non-equity incentive plan.
Daniel B. Silvers, Chief Scientific Officer, earned $1.4M in 2022.