Microvast Holdings COO Shane Smith's 2021 pay falls 38% to $5.1M
Microvast Holdings reports 2021 executive compensation
By ExecPay News
Published: July 1, 2022
Microvast Holdings reported fiscal year 2021 executive compensation information on July 1, 2022.
In 2021, three executives at Microvast Holdings received on average a compensation package of $3.5M, a 6% decrease compared to previous year.
Average pay of disclosed executives at Microvast Holdings
Shane Smith, Chief Operating Officer, received $5.1M in total, which decreased by 38% compared to 2020. 93% of Smith's compensation, or $4.7M, was in option awards. Smith also received $261K in salary and $98K in stock awards.
Wenjuan Mattis, Chief Technology Officer, received a compensation package of $4.7M, which increased by 61% compared to previous year. 92% of the compensation package, or $4.4M, was in option awards.
Yang Wu, Chief Executive Officer, earned $664K in 2021, a 9838% increase compared to previous year.
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Source: SEC filing on July 1, 2022.