Mill City Ventures III, Ltd CEO Joseph Geraci's 2022 pay jumps 239% to $987K
Mill City Ventures III, Ltd reports 2022 executive compensation
By ExecPay News
Published: September 28, 2023
Mill City Ventures III, Ltd reported fiscal year 2022 executive compensation information on September 28, 2023.
In 2022, two executives at Mill City Ventures III, Ltd received on average a compensation package of $957K, a 264% increase compared to previous year.
Average pay of disclosed executives at Mill City Ventures III, Ltd
Joseph A. Geraci, II, Chief Executive Officer, received $987K in total, which increased by 239% compared to 2021. 54% of Geraci's compensation, or $530K, was in option awards. Geraci also received $250K in bonus, $150K in salary, $13K in stock awards, as well as $44K in other compensation.
Douglas M. Polinsky, Chief Executive Officer, received a compensation package of $928K, which increased by 295% compared to previous year. 57% of the compensation package, or $530K, was in option awards.
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Source: SEC filing on September 28, 2023.