Medicine Man Technologies CEO Nirup Krishnamurthy's 2023 pay jumps 567% to $3.2M
Medicine Man Technologies reports 2023 executive compensation
By ExecPay News
Published: April 29, 2024
Medicine Man Technologies reported fiscal year 2023 executive compensation information on April 29, 2024.
In 2023, four executives at Medicine Man Technologies received on average a compensation package of $1.3M, a 246% increase compared to previous year.
Average pay of disclosed executives at Medicine Man Technologies
Nirup Krishnamurthy, Chief Executive Officer, received $3.2M in total, which increased by 567% compared to 2022. 59% of Krishnamurthy's compensation, or $1.9M, was in stock awards. Krishnamurthy also received $100K in bonus, $814K in option awards, $413K in salary, as well as $8.2K in other compensation.
Forrest Hoffmaster, Chief Financial Officer, received a compensation package of $1.2M. 66% of the compensation package, or $792K, was in option awards.
Daniel Pabon, Chief Policy & Regulatory Affairs Officer, earned $418K in 2023, a 47% increase compared to previous year.
Justin Dye, Chief Executive Officer, received $326K in 2023, which decreases by 7% compared to 2022.
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Source: SEC filing on April 29, 2024.