Local Bounti Corporation CEO Craig Hurlbert's 2022 pay jumps 4,877% to $9.5M
Local Bounti Corporation reports 2022 executive compensation
By ExecPay News
Published: April 28, 2023
Local Bounti Corporation reported fiscal year 2022 executive compensation information on April 28, 2023.
In 2022, three executives at Local Bounti Corporation received on average a compensation package of $8.7M, a 110% increase compared to previous year.
Average pay of disclosed executives at Local Bounti Corporation
Craig M. Hurlbert, Chief Executive Officer, received $9.5M in total, which increased by 4,877% compared to 2021. 99% of Hurlbert's compensation, or $9.4M, was in stock awards. Hurlbert also received $83K in salary and $3.4K in other compensation.
Travis M. Joyner, Chief Executive Officer, received a compensation package of $9.5M, which increased by 5024% compared to previous year. 99% of the compensation package, or $9.4M, was in stock awards.
Kathleen Valiasek, Chief Financial Officer, earned $7.2M in 2022, a 34% decrease compared to previous year.
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Source: SEC filing on April 28, 2023.