LifeMD CFO Marc Benathen's 2022 pay falls 72% to $1.4M
LifeMD reports 2022 executive compensation
By ExecPay News
Published: April 28, 2023
LifeMD reported fiscal year 2022 executive compensation information on April 28, 2023.
In 2022, three LifeMD executives received on average a compensation package of $800K, a 80% decrease compared to previous year.
Average pay of disclosed executives at LifeMD
Marc Benathen, Chief Financial Officer, received $1.4M in total, which decreased by 72% compared to 2021. 72% of Benathen's compensation, or $998K, was in stock awards. Benathen also received $379K in salary.
Eric Yecies, General Counsel, received a compensation package of $769K. 57% of the compensation package, or $437K, was in stock awards.
Justin Schreiber, Chief Executive Officer, earned $255K in 2022, a 42% increase compared to previous year.
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Source: SEC filing on April 28, 2023.