Microvast Holdings Former President Zachariah Ward receives $2.1M in 2023
Microvast Holdings reports 2023 executive compensation
By ExecPay News
Published: August 29, 2024
Microvast Holdings reported fiscal year 2023 executive compensation information on August 29, 2024.
In 2023, four executives at Microvast Holdings received on average a compensation package of $1.3M, a 50% decrease compared to previous year.
Average pay of disclosed executives at Microvast Holdings
Zachariah Ward, Former President, received $2.1M in total. 69% of Ward's compensation, or $1.5M, was in option awards. Ward also received $383K in salary and $280K in stock awards.
Shane Smith, Former Chief Procurement Officer, received a compensation package of $1.6M. 66% of the compensation package, or $1.1M, was in other compensation.
Craig Webster, Chief Financial Officer, earned $728K in 2023, a 80% decrease compared to previous year.
Yang Wu, Chief Executive Officer, received $649K in 2023, which decreases by 34% compared to 2022.
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Source: SEC filing on August 29, 2024.