MusclePharm Corp CEO Brad Pyatt's 2010 pay jumps 2,023% to $2.8M
MusclePharm Corp reports 2010 executive compensation
By ExecPay News
Published: April 29, 2011
MusclePharm Corp reported fiscal year 2010 executive compensation information on April 29, 2011.
In 2010, four executives at MusclePharm Corp received on average a compensation package of $1.5M, a 2,146% increase compared to previous year.
Average pay of disclosed executives at MusclePharm Corp
Brad Pyatt, Chief Executive Officer, received $2.8M in total, which increased by 2,023% compared to 2009. 93% of Pyatt's compensation, or $2.7M, was in stock awards. Pyatt also received $195K in salary.
Cory J. Gregory, President, received a compensation package of $2.7M, which increased by 15191% compared to previous year. 97% of the compensation package, or $2.7M, was in stock awards.
Leonard Armenta, Chief Operating Officer, earned $311K in 2010, a 468% increase compared to previous year.
Lawrence S. Meer, Chief Financial Officer, received $303K in 2010.
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Source: SEC filing on April 29, 2011.