Montauk Renewables CEO Sean McClain's 2021 pay jumps 1,446% to $9.4M
Montauk Renewables reports 2021 executive compensation
By ExecPay News
Published: April 25, 2023
Montauk Renewables reported fiscal year 2021 executive compensation information on April 25, 2023.
In 2021, four executives at Montauk Renewables received on average a compensation package of $5.9M, a 1,081% increase compared to previous year.
Sean F. McClain, Chief Executive Officer, received $9.4M in total, which increased by 1,446% compared to 2020. 85% of McClain's compensation, or $7.9M, was in stock awards. McClain also received $50K in bonus, $1.1M in option awards, $295K in salary, as well as $24K in other compensation.
Scott Hill, Vice President of Business Development, received a compensation package of $5M, which increased by 968% compared to previous year. 84% of the compensation package, or $4.2M, was in stock awards.
Kevin Van Asdalan, Chief Financial Officer, earned $4.9M in 2021, a 1045% increase compared to previous year.
John Ciroli, Chief Legal Officer, received $4.4M in 2021.