NeuroPace CEO Michael Favet's 2023 pay falls 32% to $2.2M
NeuroPace reports 2023 executive compensation
By ExecPay News
Published: April 22, 2024
NeuroPace reported fiscal year 2023 executive compensation information on April 22, 2024.
In 2023, four NeuroPace executives received on average a compensation package of $1.4M, a 25% decrease compared to previous year.
Average pay of disclosed executives at NeuroPace
Michael Favet, Chief Executive Officer, received $2.2M in total, which decreased by 32% compared to 2022. 55% of Favet's compensation, or $1.2M, was in stock awards. Favet also received $288K in salary and $689K in other compensation.
Joel Becker, Chief Executive Officer, received a compensation package of $1.5M. 68% of the compensation package, or $1M, was in option awards.
Martha Morrell, Chief Medical Officer, earned $1.1M in 2023, a 16% decrease compared to previous year.
Rebecca Kuhn, Chief Financial Officer, received $995K in 2023.
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Source: SEC filing on April 22, 2024.