Lowell Farms COO Jenny Montenegro's 2022 pay rises 15% to $367K
Lowell Farms reports 2022 executive compensation
By ExecPay News
Published: June 1, 2023
Lowell Farms reported fiscal year 2022 executive compensation information on June 1, 2023.
In 2022, three executives at Lowell Farms received on average a compensation package of $234K, a 31% decrease compared to previous year.
Average pay of disclosed executives at Lowell Farms
Jenny Montenegro, Chief Operating Officer, received $367K in total, which increased by 15% compared to 2021. 63% of Montenegro's compensation, or $233K, was in salary. Montenegro also received $16K in bonus, $25K in option awards, as well as $94K in stock awards.
Mark Ainsworth, Chief Executive Officer, received a compensation package of $248K, which decreased by 31% compared to previous year. 90% of the compensation package, or $224K, was in salary.
Brian Shure, Chief Financial Officer, earned $88K in 2022, a 74% decrease compared to previous year.
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Source: SEC filing on June 1, 2023.