Marathon Patent Group CEO Merrick Okamoto's 2021 pay jumps 7,875% to $220M
Marathon Patent Group reports 2021 executive compensation
By ExecPay News
Published: September 12, 2022
Marathon Patent Group reported fiscal year 2021 executive compensation information on September 12, 2022.
In 2021, five executives at Marathon Patent Group received on average a compensation package of $45M, a 4,703% increase compared to previous year.
Average pay of disclosed executives at Marathon Patent Group
Merrick Okamoto, Chief Executive Officer, received $220M in total, which increased by 7,875% compared to 2020. 100% of Okamoto's compensation, or $220M, was in stock awards. Okamoto also received $371K in salary.
James Crawford, Chief Operating Officer, received a compensation package of $3.5M, which increased by 920% compared to previous year. 88% of the compensation package, or $3.1M, was in stock awards.
Fred Thiel, Chief Executive Officer, earned $2.7M in 2021.
Simeon Salzman, Chief Financial Officer, received $700K in 2021, which increases by 192% compared to 2020.
Ashu Swami, Chief Technology Officer, earned $275K in 2021.
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Source: SEC filing on September 12, 2022.