Montauk Renewables CEO Sean McClain's 2023 pay jumps 567% to $3M
Montauk Renewables reports 2023 executive compensation
By ExecPay News
Published: April 22, 2024
Montauk Renewables reported fiscal year 2023 executive compensation information on April 22, 2024.
In 2023, three executives at Montauk Renewables received on average a compensation package of $2.5M, a 570% increase compared to previous year.
Average pay of disclosed executives at Montauk Renewables
Sean F. McClain, Chief Executive Officer, received $3M in total, which increased by 567% compared to 2022. 85% of McClain's compensation, or $2.6M, was in option awards. McClain also received $101K in bonus, $347K in salary, as well as $18K in other compensation.
Kevin Van Asdalan, Chief Financial Officer, received a compensation package of $2.5M, which increased by 637% compared to previous year. 86% of the compensation package, or $2.1M, was in option awards.
John Ciroli, Chief Legal Officer, earned $2.1M in 2023, a 508% increase compared to previous year.
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Source: SEC filing on April 22, 2024.