Local Bounti Corporation CFO Kathleen Valiasek receives $11M in 2021
Local Bounti Corporation reports 2021 executive compensation
By ExecPay News
Published: May 6, 2022
Local Bounti Corporation reported fiscal year 2021 executive compensation information on May 6, 2022.
In 2021, four executives at Local Bounti Corporation received on average a compensation package of $4.2M, a 1,223% increase compared to previous year.
Average pay of disclosed executives at Local Bounti Corporation
Kathleen Valiasek, Chief Financial Officer, received $11M in total. 89% of Valiasek's compensation, or $9.7M, was in stock awards. Valiasek also received $900K in bonus, $306K in salary, as well as $31K in other compensation.
Mark McKinney, Chief Operating Officer, received a compensation package of $5.3M. 93% of the compensation package, or $5M, was in stock awards.
Craig M. Hurlbert, Chief Executive Officer, earned $191K in 2021, a 39% decrease compared to previous year.
Travis M. Joyner, Chief Executive Officer, received $185K in 2021, which decreases by 41% compared to 2020.
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Source: SEC filing on May 6, 2022.