Marathon Patent Group CEO Merrick Okamoto's 2020 pay jumps 683% to $2.8M
Marathon Patent Group reports 2020 executive compensation
By ExecPay News
Published: June 16, 2021
Marathon Patent Group reported fiscal year 2020 executive compensation information on June 16, 2021.
In 2020, four executives at Marathon Patent Group received on average a compensation package of $947K, a 306% increase compared to previous year.
Average pay of disclosed executives at Marathon Patent Group
Merrick Okamoto, Chief Executive Officer, received $2.8M in total, which increased by 683% compared to 2019. 72% of Okamoto's compensation, or $2M, was in bonus. Okamoto also received $392K in option awards and $369K in salary.
David Lieberman, Chief Financial Officer, received a compensation package of $445K, which increased by 111% compared to previous year. 50% of the compensation package, or $221K, was in stock awards.
James Crawford, Chief Operating Officer, earned $341K in 2020, a 151% increase compared to previous year.
Simeon Salzman, Chief Financial Officer, received $240K in 2020.
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Source: SEC filing on June 16, 2021.