Lowell Farms CEO Mark Ainsworth's 2021 pay slips 7% to $360K
Lowell Farms reports 2021 executive compensation
By ExecPay News
Published: August 31, 2022
Lowell Farms reported fiscal year 2021 executive compensation information on August 31, 2022.
In 2021, three executives at Lowell Farms received on average a compensation package of $337K, a 34% increase compared to previous year.
Average pay of disclosed executives at Lowell Farms
Mark Ainsworth, Chief Executive Officer, received $360K in total, which decreased by 7% compared to 2020. 69% of Ainsworth's compensation, or $250K, was in salary. Ainsworth also received $110K in stock awards.
Brian Shure, Chief Financial Officer, received a compensation package of $333K, which increased by 44% compared to previous year. 75% of the compensation package, or $250K, was in salary.
Jenny Montenegro, Chief Operating Officer, earned $319K in 2021, a 133% increase compared to previous year.
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Source: SEC filing on August 31, 2022.