Navitas Semiconductor Corp CEO Gene Sheridan's 2021 pay jumps 7,072% to $28M
Navitas Semiconductor Corp reports 2021 executive compensation
By ExecPay News
Published: September 30, 2022
Navitas Semiconductor Corp reported fiscal year 2021 executive compensation information on September 30, 2022.
In 2021, three executives at Navitas Semiconductor Corp received on average a compensation package of $16M, a 4,482% increase compared to previous year.
Average pay of disclosed executives at Navitas Semiconductor Corp
Gene Sheridan, Chief Executive Officer, received $28M in total, which increased by 7,072% compared to 2020. 95% of Sheridan's compensation, or $26M, was in stock awards. Sheridan also received $995K in bonus, $375K in salary, as well as $12K in other compensation.
Dan Kinzer, Chief Operating Officer, received a compensation package of $12M, which increased by 3103% compared to previous year. 89% of the compensation package, or $11M, was in stock awards.
Todd Glickman, Chief Financial Officer, earned $7.3M in 2021, a 2640% increase compared to previous year.
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Source: SEC filing on September 30, 2022.