Issuer Direct CTO Mark Lloyd receives $1.2M in 2023
Issuer Direct reports 2023 executive compensation
By ExecPay News
Published: April 29, 2024
Issuer Direct reported fiscal year 2023 executive compensation information on April 29, 2024.
In 2023, three executives at Issuer Direct received on average a compensation package of $804K, a 22% increase compared to previous year.
Average pay of disclosed executives at Issuer Direct
Mark Lloyd, Chief Technology Officer, received $1.2M in total. 46% of Lloyd's compensation, or $540K, was in stock awards. Lloyd also received $19K in bonus, $417K in option awards, as well as $201K in salary.
Brian R. Balbirnie, Chief Executive Officer, received a compensation package of $850K, which increased by 295% compared to previous year. 66% of the compensation package, or $565K, was in stock awards.
Timothy Pitoniak, Chief Financial Officer, earned $386K in 2023, a 65% decrease compared to previous year.
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Source: SEC filing on April 29, 2024.